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Software giant, Microsoft, has confirmed in a regulatory filing with the U.S. Securities and Exchange Commission (SEC) that it will cut 10,000 jobs across its operations. The company explained that the layoff was part of a series of actions it plans to take “in response to macroeconomic conditions and changing customer priorities.” The company further noted that the layoff exercise will be completed by the end of the third fiscal quarter of 2023. Necessary action: Providing the context to the planned layoffs, Microsoft’s ...