Microsoft set to announce big layoffs, media report | CNN Business

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Microsoft could announce thousands of job cuts on Wednesday, according to multiple news reports

Microsoft\n \n could announce thousands of job cuts on Wednesday, according to multiple news reports, potentially becoming the latest tech company to cull its workforce as the global economy slows. Sky News, without naming sources, reported the layoffs would affect roughly 5% of the company’s workforce. Microsoft employs 221,000 people around the world, including 122,000 in the United States.

Amazon\n \n announced that it plans to lay off 18,000 people and Salesforce said it is cutting 10% of its staff. Facebook\n \n parent Meta also recently announced 11,000 job cuts, the largest in the company’s history. In October, Axios reported that Microsoft had laid off under 1,000 employees across several divisions.

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Dinosaur says what

Bill gate is perhaps one of the best employer that any individual wanted to work for. I can Guarantee you that he is the saddest person at this very moment knowing that he had to do what is necessary for his company to compete. It will not stay the same. U have ur job back soon.

Do they know how to code? Biden said millions of jobs are available

People that are getting laid off by Microsoft must not take this personal. Instead they must appreciate that the tech giant employ them for decades. But time has changed and Microsoft must do what it takes to stay alive. Nothing personal. It's just a business decision. Be patient

IT, Fincancial, and ?

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