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Microsoft laying off 10,000 workers — about 5% of all staff

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Microsoft is cutting 10,000 employees, almost 5% of its workforce, in response to “changing macroeconomic conditions and customer priorities.”

The company said in a regulatory filing on Wednesday that it had just notified employees of the layoffs, some of which will begin immediately.

The company also said it would make changes to its hardware portfolio and consolidate leasing office locations.

Chief Executive Officer Satya Nadella said in an email to employees that the layoffs are “less than 5% of the total employee base and several notices have been made today.”

Nadella said, “We are reducing our roles in some areas, but we will continue to hire in key strategic areas. He will use advances in artificial intelligence to build a ‘new computer platform.’ emphasized the importance of

Customers who had accelerated their spending on digital technology during the pandemic are now looking to “optimize their digital spending to do more with less,” he said.

“We also know that organizations in all industries and regions are paying attention, given that some parts of the world are in recession and others are anticipating it,” Nadella said. rice field.

Fears of a slowing economy have also cut jobs at other tech companies.

Amazon and business software maker Salesforce earlier this month announced drastic job cuts to cut labor costs that ballooned during pandemic lockdowns.

Amazon said it will cut about 18,000 positions. This is the largest layoff in Seattle’s company history, but only a fraction of its 1.5 million global workforce.

Facebook’s parent company, Meta, has laid off 11,000 people, about 13% of its workforce. Twitter’s new CEO, Elon Musk, has also significantly cut the company’s workforce.

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