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Axios
Axios
Business

Tech layoffs are soaring this month

Roger Lee Amazon Axios
Data: Layoffs.fyi; Chart: Axios Visuals

November is shaping up to be a brutal month for tech layoffs — and we’re only halfway through.

Driving the news: Amazon is gearing up to lay off about 10,000 employees, the largest reduction to its headcount in the company's history (though a teeny fraction of its 1 million employees), the New York Times reports.

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