Microsoft cuts 10,000 jobs, almost 5% of its total workforce, joining other tech companies scaling back their pandemic-era expansions and takes a $1.2bn charge as its cloud-computing customers cut back on spending.
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Loading... - Adam Alexander
- 06 Feb 2023
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Announced on Wednesday the job layoffs are larger than cuts by Microsoft last year, piled on to tens of thousands of job cuts across the technology sector that is long past its ceaseless growth during the recent global pandemic.
Microsoft said in a US regulatory filing that the layoffs were a response to “macroeconomic conditions and changing customer priorities.”
Despite the fact that the Microsoft is increasing its investment into the new promising area of generative artificial intelligence, the information has still been reported. Read More..
