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    Sonal Shridhar Shinde in News

    31-Mar-2023 11:41 AM


    Companies That Have Conducted Mass Layoffs In 2023. See List

    Several companies have recently announced layoffs as they adjust head counts and tighten their budgets in response to fears about the economic slowdown.
    Tens of thousands of employees lost their jobs due to mass layoffs.
    Unfortunately, this has become a common occurrence in businesses this year.
    The layoffs will result in a charge of $1.2 billion in the second quarter of fiscal 2023, representing a negative impact of 12 cents on per share profit, Microsoft said at that time.
    The company also lowered its yearly revenue and profit forecasts.
    Source: NDTV