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Microsoft is laying off 3% of all employees affecting thousands of jobs

  • Microsoft is laying off 3% of all employees, affecting around 6,800 jobs.
  • The job cuts are not related to performance and are aimed at optimizing the internal structure.
  • Microsoft announced better-than-expected quarterly results before the layoffs were confirmed.
  • Some job losses will be seen in the gaming sector due to the acquisitions made by Microsoft in recent years.

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