Microsoft cuts 10,000 workers, almost 5 percent of its workforce, joining other tech companies that have scaled back their pandemic-era expansions
CEO Satya Nadella told employees the layoffs represent “less than 5 percent of our total employee base" and that while they are eliminating roles in some areas, Microsoft will continue to hire in"key strategic areas."Microsoft has cut 10,000 workers, almost 5 percent of its workforce, joining other tech companies that have scaled back their pandemic-era expansions.
Microsoft is cutting far fewer jobs than it had added during the Covid-19 pandemic as it responded to a boom in demand for its workplace software and cloud computing services with so many people working and studying from home. Amazon and business software maker Salesforce earlier this month announced major job cuts as they prune payrolls that rapidly expanded during the pandemic lockdown.
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