(Reporting By Landon Mion ; Edited by News Gate Team)
A representative for Dell told Bloomberg News that job layoffs and departmental restructuring are opportunities to increase efficiency.
Microsoft Corp., Amazon.com Inc., and Goldman Sachs Group Inc. are just a few of the corporations that have lately cut thousands of positions to compensate for a drop in demand as consumer and business spending declines as a result of rising inflation and high interest rates.
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Layoffs in the United States reached their greatest level in the previous two years in January as technology corporations reportedly reduced staff at the second-fastest rate ever in anticipation of a possible recession.
(Reporting By Landon Mion ; Edited by News Gate Team)
