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Microsoft to fire about 11,000 employees this week: Report

Sky News reported that Satya Nadella-run Microsoft is "finalising plans to become the latest technology giant to reduce its workforce during a global economic slowdown".

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'7:30 am Business Meeting': How Goldman Sachs laid off 3K employees

Global investment firm Goldman Sachs sacked more than 3,000 employees in disguise of business meetings as early as 7.30 a.m. and the meetings with senior managers were put on Google calendar under "false pretenses".

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