A stream of companies have announced layoffs in recent months as they recalibrate head counts and tighten belts amid concerns about a slowing economy.
The job cuts at the start of the year have been mostly concentrated in the tech industry, with Facebook parent Meta Platforms Inc., Google parent Alphabet Inc. and Microsoft Corp. trimming their workforces. Meta said it would cut roughly 10,000 jobs over the coming months, its second wave of mass layoffs.
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