CEO Satya Nadella said the layoffs will begin by the end of March.

The number of Americans filing new claims for jobless benefits increased to a three-month high last week amid rising layoffs in the technology sector, but that likely does not suggest a material shift in labor market conditions, which remain tight.

Thousands of unvaccinated workers across the United States are facing potential job losses.

Hundreds of Airbus workers marched on Wednesday to protest against plans to cut up to 15,000 jobs.

Weak demand is forcing US employers to lay off workers, keeping new applications for unemployment benefits extraordinarily high, even as COVID-19-hit businesses have reopened.