The moves should bolster efficiency at both firms, amid an already-stellar year for the two Club holdings.
Apple surpassed a $3 trillion market capitalization last month, but has since pulled back to a valuation of $2.94 trillion.
Meanwhile, WedBush recently forecasted that Microsoft could also join the $3 trillion club by early 2024 on the back of its artificial intelligence capabilities.
This round of Microsoft layoffs is much smaller than the cuts the company announced earlier this year, so it probably doesn't move the needle.
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