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Microsoft Lays Off Employees After Slowdown in Earnings Growth

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Microsoft’s latest move comes as the company faces growing challenges.Photo: David Paul Morris/Bloomberg News

Microsoft laid off more employees this week, becoming the latest tech company to show signs of concern about future demand.

In July the software maker said it had plans to cut a number of positions, affecting less than 1% of its total workforce. At the time, Microsoft, which employs more than 200,000 people, said it was making the cuts as a part of a regular adjustment at the start of its fiscal year.

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