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Over 32% companies globally declared layoffs in 2023, IT services lead the league: Report

85 percent of mid-sized companies reported minimum volatility and zero layoffs, according to a study by talents assessment firm Mercer|Mettl.

Layoff 2023: Reddit to cut 5% workforce, reducing hiring process, know details

Social discussion platform Reddit is laying off at least 90 employees and reducing fresh hiring as part of restructuring plans to cut costs, a media outlet reported.

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