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Microsoft, Google Announce Hundreds Of Job Cuts In Tech Departments Despite Robust Financials - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

Summary by Benzinga
Satya Nadella-led Microsoft Corporation (NASDAQ:MSFT) and Sundar Pichai’s Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) have announced significant layoffs in their respective departments, impacting hundreds of employees. What Happened: On Monday, Microsoft announced layoffs that can reportedly impact 1,000 employees, including those in the mixed reality department working on HoloLens 2. The Azure for Operators and Mission Engineering departments ha…

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Benzinga broke the news in New York, United States on Tuesday, June 4, 2024.
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