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Apple layoff: iPhone maker plans to layoff corporate retail teams, offers 4 months of severance pay

Apple previously distinguished itself from the other tech players by avoiding layoffs, but it now seems that trend is over.

Disney layoff: 7,000 jobs to be affected over the next four days impacting Disney Entertainment, Parks divisions

Another round of layoff has already been planned to happen in April, as part of $5.5 billion cost-cutting effort, the staff will be informed before the summer.

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