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Microsoft to cut 10,000 jobs as spending slows


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Microsoft will cut 10,000 jobs in the latest round of staff redundancies to hit the tech industry.

It will affect up to 5% of its global workforce and cost the business $1.2bn (£972m) in severance and reorganisation costs.

Microsoft chief executive Satya Nadella said that while customer spending had grown during Covid, more people were now choosing to "exercise caution"

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22 minutes ago, steve from amherst said:

Or back to Asia. Many are h1b visa holders.

Nope, they'll just go elsewhere in America. There's still a large skill and worker gap in the tech industry to be filled. While the tech giants may be cutting some fat, the field needs people badly. 

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  • Trying to pay the bills, lol



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