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Twitter slashes 80% of contractors; tech company layoffs surge

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Twitter slashes 80% of contractors; tech company layoffs surge

SIA Editorial Staff
| November 16, 2022
Layoff notice after spread of Covid-19 (corona virus), Crisis of the business recession during the Covid-19 outbreak. -stock photo

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Twitter has laid off 4,400 of its 5,500 contractors, CNBC reported. The move follows the layoffs of approximately half of its internal staff. Meanwhile, Amazon is poised to lay off some 10,000 tech workers, The New York Times reported. According to a report from Quartz, counting Twitter and Amazon, major tech companies will have laid off 33,000 workers over the last month.