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The Companies Conducting Layoffs in 2023: Here’s the List

companies

Alphabet, Microsoft, Goldman Sachs, 3M and Salesforce are cutting positions amid recession fears

As interest rates rise and companies tighten their belts, white-collar workers have taken the brunt of layoffs and job cuts, breaking with the usual pattern leading into a downturn. WSJ explains why many professionals are getting the pink slip first. Illustration: Adele Morgan

A stream of companies have announced layoffs in recent months as they recalibrate head counts and tighten belts amid concerns about a slowing economy.  

The job cuts at the start of the year were mostly been concentrated in the tech industry, with Facebook parent Meta Platforms Inc., Google parent Alphabet Inc. and Microsoft Corp. trimming their workforces.

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Bong Mischke

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