Microsoft Cuts Hundreds of Positions in Most recent Round of Layoffs

Microsoft mentioned Wednesday that it is reducing 10,000 positions, just under 5% of its whole workforce, in the latest spherical of main layoffs to strike the tech field. Microsoft didn’t offered particulars on what roles were being lower, but the layoffs are reportedly impacting the tech giant’s engineering divisions

The cuts occur in advance of Microsoft’s quarterly earnings and almost 3 months to the working day because the tech big laid off almost 1,000 personnel in October

“These choices are complicated, but needed,” mentioned Microsoft CEO Satya Nadella in a memo sent to Microsoft employees. “They are specially hard due to the fact they impact persons and people’s lives – our colleagues and close friends.”

With this latest spherical of layoffs, Microsoft provides to the surge of personnel shrinking that is strike tech marketplace in the latest months. Google Verily, T-Mobile, Intel and Meta, among many others, have also turned to staff reductions in attempts to beat financial troubles. Amazon has also been compelled to lower staff members costs with CEO Andy Jassy revealing plans to cut 18,000 jobs

Microsoft didn’t promptly answer to a ask for for more comment.