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meta twitter and Microsoft reports says amazon starts firing or pink slip employees | After Twitter, Meta news of Amazon employees layoff, will Corporate Layoff continue?

After Twitter, Meta, layoffs in big companies like Amazon remain the headlines of the corporate world. Facebook on Wednesday fired about 10 percent of its workforce. The company is calling this an exercise to reduce expenses and this condition is due to the decline in advertising revenue. But what is the reason behind these layoffs happening one after the other? Is layoffs going to end in the future or is it going to continue for a long time? See this report.