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massive layoffs
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Twitter temporarily closes offices as layoffs begin
Twitter Inc temporarily closed its offices and cut workers access to internal systems on Friday after telling employees they would be informed by email later in the day about whether they were being laid off.
Taiwanese firm in Vietnam sacks 10,000 workers before Lunar New Year
A Taiwanese footwear firm in southern Vietnam has announced massive layoffs just days ahead of Tet, leaving thousands of workers in the lurch.