Microsoft cuts about 1,000 jobs across multiple divisions: Report
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Tech giant Microsoft has laid off nearly 1,000 employees across multiple divisions of the company, media reports said. According to Axios, the move is yet another example of large tech companies cutting jobs after earlier moving to slow or freeze hiring as the broader economy cools. The tech giant declined to say how many jobs had been cut, but a source said the layoffs numbered under 1,000, as per the report.