Recent layoffs may signal a recalibration of the U.S. labor market.

Microsoft confirmed Wednesday it would lay off 10,000 workers, which it said in an SEC filing were "in response to macroeconomic conditions and changing customer priorities."

E-commerce giant Amazon also started slashing its headcount by 18,000 on Wednesday. In a Jan. 4 blog post about the layoffs, CEO Andy Jassy pointed to the "uncertain economy" as well as the company having "hired rapidly over the last several years." READ MORE