Microsoft to shed 10,000 jobs

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As recession worries cloud tech sector.

Microsoft to shed 10,000 jobs
Microsoft is set to eliminate 10,000 jobs and take a US$1.2 billion (A$1.7 billion) charge to earnings, as its cloud-computing customers reassess their spending and the company braces for potential recession. The layoffs, far larger than cuts by Microsoft last year, add to the tens of thousands ...

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