Amazon slashed around 27,000 jobs, citing an “uncertain economy.” Google’s parent company, Alphabet, announced in mid-January that it would cut around 12,000 jobs, more than at any point in its history, with chief executive Sundar Pichai saying it had “hired for a different economic reality than the one we face today.” Microsoft cut 10,000 jobs amid warnings from chief executive Satya Nadella that consumers were cutting spending and corporate customers were bracing for a recession.
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