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"We have made the tough but necessary decision to reduce our team by approximately 15 per cent and say goodbye to around 1,300 hardworking, talented colleagues," Eric Yuan wrote.
FedEx laying off more than 10% of its management ranks
Layoff wave: Canadian firm Clearco lays off 30% of workforce
The employees had been called for an early morning meeting under false pretexts.
Layoff wave: Vodafone plans hundreds of job cuts, biggest in 5 years; Report