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Party City filed for bankruptcy protection Tuesday. A Party City retail store in the Queens borough of New York City is pictured here in Janua…
In a memo to staffers Wednesday, Nadella also cited changing demand years for digital services years into the pandemic as well as looming recession fears.
Job hiring inched down to 6.06 million in November from 6.11 million in October.
There were about 1.7 job openings for each job seeker in October, down from 1.9 in September.
Twitter employees who are relying on the company for work visas have been left in limbo, finding themselves at the whims of its new billionair…
The cuts are in addition to a previously-announced hiring freeze in Amazon's corporate workforce.
The job cuts will impact many corners of the company.
The job cuts are expected to impact thousands of workers and could begin as early as this week.
It may still too early to know whether they're a harbinger of broader turmoil.
Two years ago, when the pandemic ushered in the sharpest economic downturn on record, it sparked a tidal wave of layoffs.
