Microsoft is cutting 10k jobs

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Microsoft is cutting 10,000 jobs in its largest layoff in eight years. The tech giant has confirmed the cuts – which started on Wednesday (18.01.23) and will continue through March – which comes amid economic uncertainty, as well as the company’s shift towards other areas of growth, including artificial intelligence. CEO Satya Nadella said the measures would impact less than five percent of its global workforce, while they have declined to say which roles will be affected. In a memo to employees shared in a public blogpost, she said: “These decisions are difficult, but necessary. They are espe…

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