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Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Microsoft is laying off thousands of its employees this week, according to media reports. Newsweek reached out to Microsoft for comment via email. More than 100 large companies across various industries are laying off employees in May as businesses across the country are grappling with a shifting landscape including the potential for tariffs and emerging technologies that are reshaping the workforce. Others are seeking to improve efficiency and maximize profits by cutting...