Some may remember, in 2019, Ford Land did their layoff ahead of everyone else. It is very likely that CVS decided to go ahead of everyone else’s schedule.
Unfortunately Tech & Auto will experience a lot of layoffs this year. Tech giant Microsoft is slashing 3 percent of its global workforce — a move that will affect thousands of employees across all departments and regions. In January, Microsoft also quietly cut some roles — those layoffs were tied to performance, unlike this week's broader restructuring.