🧵 1. Microsoft cuts 1,000 more employees, while Allina Health lays off almost 350, amid recession fears and ongoing job cuts. (Forbes) #finance
🧵 1. Microsoft cuts 1,000 more employees, while Allina Health lays off almost 350, amid recession fears and ongoing job cuts. (Forbes) #finance
🧵 2. Massive U.S. layoffs in Q1 2023: 136,000 employees slashed, surpassing previous two quarters combined, driven by Amazon, Google, Meta, and Microsoft. (Forbes)
🧵 3. Despite concerns, U.S. labor market adds 236,000 jobs in March, but slowest growth since 2020 sparks worries of a potential recession. (Forbes)
🧵 Read more at: https://www.forbes.com/sites/brianbushard/2023/07/19/2023-layoff-tracker-microsoft-cuts-more-staff-report-says/