Microsoft layoffs

The move to downsize comes after the Windows maker laid off nearly 1000 staffers in October across its Xbox and Edge divisions, citing economic headwinds.

[Meta](https://www.computerworld.com/article/3678772/update-meta-confirms-it-will-cut-thousands-of-jobs.html), [Amazon](https://www.computerworld.com/article/3684789/amazon-confirms-more-than-18000-employees-to-be-laid-off.html) and [Salesforce](https://www.cio.com/article/418813/salesforce-to-cut-10-of-its-global-workforce-in-restructuring-plan.html), who have all cited macroeconomic concerns as the main reason behind the strategy to downsize heavily. [have continued to downsize since August](https://www.computerworld.com/article/3679733/tech-layoffs-in-2022-a-timeline.html) last year through January. [previous quarter](https://www.computerworld.com/article/3668153/microsoft-weathers-the-financial-storm-with-12-revenue-growth.html), the company’s net income was relatively flat at $16.7 billion, at a much more modest increase of just 2%. [reported its slowest growth in five years for the first quarter of its fiscal 2023](https://www.computerworld.com/article/3677867/rising-cloud-revenue-helps-soften-microsofts-growth-slowdown.html), due largely to a strong US dollar and an ongoing decline in personal computer sales, causing net income to fall by 14% to $17.56 billion from this time last year. [Bloomberg](https://www.bloomberg.com/news/articles/2023-01-17/microsoft-to-cut-jobs-in-engineering-divisions-this-week) report citing sources claimed that the fresh round of layoffs are being planned in response to the expected slump in demand due to macroeconomic conditions and is likely to impact Microsoft’s engineering teams. [laying off nearly 1,000 staffers across its Xbox and Edge divisions](https://www.computerworld.com/article/3676580/microsoft-lays-off-nearly-1-000-staffers-reports.html), Microsoft is expected to carry out another round of layoffs in the coming weeks, impacting 5% of its workforce, according to a [Sky News](https://news.sky.com/story/microsoft-to-axe-thousands-of-jobs-in-latest-cull-by-tech-giant-12788916) report.

The tech giant most recently announced layoffs in October and July, and has paused hiring.

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Microsoft layoffs: The software giant is likely to lay off thousands of employees across human resources and engineering divisions, according to multiple ...

In a post five days ago, the user said, “This will be first mass layoff in history that’s directly the result of ChatGPT and AI. The company plans to cut jobs in several engineering divisions on Wednesday, Bloomberg News reported. About 6,000 people could be impacted in this round, a user cited a source, adding that the firm went for another job cut round in October 2022.

Microsoft Layoffs: Just days after vacating its US office along with Meta, the tech giant, Microsoft, is resorting to axing almost 5 per cent of its ...

However, this isn’t the first time that Microsoft layoffs are happening. However, it must be noted that Microsoft has officially not confirmed the number of employees that will be handed pink slips. If the reported number of 11,000 jobs to be axed is true, then, it could mean that nearly 5 per cent of the company’s workforce may be let go.

Microsoft is readying to cut more positions from its global workforce as tech giants continue paring headcount to ride out rough economic conditions, ...

At the end of August, Snapchat let go about 20 percent of its employees, around 1,200 people. Amazon announced in early January that it plans to cut more than 18,000 jobs from its workforce, citing "the uncertain economy" and the fact the online retail behemoth had "hired rapidly" during the pandemic. [Salesforce](/topic/salesforce)and [Amazon](/topic/amazon)," [Wedbush](/topic/wedbush)analyst Dan [Ives](/topic/ives)said in a note to investors.

Microsoft is reportedly set to join the likes of Amazon, Salesforce and Google-parent Alphabet in kicking off the new year with job cuts.

It has started this year advertising for a flight attendant for one of its private jets. ](https://www.barrons.com/market-data/stocks/msft) [

Microsoft could announce thousands of job cuts on Wednesday, according to multiple news reports, potentially becoming the latest tech company to cull its ...

Facebook [(FB)](https://money.cnn.com/quote/quote.html?symb=FB&source=story_quote_link) parent Meta also recently announced 11,000 job cuts, the largest in the company’s history. While the overall labor market remains tight, layoffs in the tech sector have mounted at a staggering pace. The [Wall Street Journal](https://www.wsj.com/articles/microsoft-plans-to-announce-layoffs-as-early-as-wednesday-morning-11674001917), also citing a person familiar with the matter, said the layoffs could be announced as soon as Wednesday. [(AMZN)](https://money.cnn.com/quote/quote.html?symb=AMZN&source=story_quote_link) announced that it plans to lay off 18,000 people and Salesforce said it is cutting 10% of its staff. [Bloomberg](https://www.bloomberg.com/news/articles/2023-01-17/microsoft-to-cut-jobs-in-engineering-divisions-this-week?sref=VYQZzSZK), which cited a person familiar with the matter. Multiple tech companies have made deep cuts to their workforces since the start of the year, as inflation weighs on consumer spending and rising interest rates squeeze funding.

The job cuts, which amount to less than 5 percent of the company's work force, are its largest in roughly eight years.

“We’re also seeing organizations in every industry and geography exercise caution as some parts of the world are in a recession and other parts are anticipating one,” he added. In October, Amy Hood, the company’s finance chief, told investors that the slowdown in consumer PC sales that started in September would continue through at least June. The company is scheduled to report its next quarterly earnings on Tuesday. In the quarter ending in September, Microsoft had $50 billion in sales that produced $17.6 billion in profit. With the cuts, Microsoft joined a string of other tech giants that have pulled back after several years of frenetic hiring to meet the pandemic-fueled surge in online services and the expansion of cloud computing. Among the industry’s big companies, Google’s parent company, Alphabet, and Apple are the only firms yet to announce significant layoffs. The company’s annual revenue grew 58 percent over three years, during which time it hired more than 75,000 people. [Salesforce](https://www.nytimes.com/2023/01/04/technology/salesforce-layoffs.html) said this month that it planned to lay off 10 percent of its work force, or about 8,000 employees, and [Meta, the parent company of Facebook](https://www.nytimes.com/2022/11/09/technology/meta-layoffs-facebook.html), announced at the end of last year that it was cutting more than 11,000 jobs. Nadella wrote to employees. Microsoft and its peers responded to surging customer demand by essentially hoarding technical staff. “I don’t think this is symptomatic of a bigger issue.” But tech’s giants have not been spared.

Microsoft joins the likes of Amazon, Salesforce and Google-parent Alphabet in kicking off the new year with job cuts.

[Microsoft](#phrase-company?ref=COMPANY%7CMSFT;onlineSignificance=prominent) is cutting 10,000 jobs as the company joins the ranks of technology companies reducing costs in response to the slowing economic environment. ](https://www.barrons.com/market-data/stocks/msft) [In a blog post](https://blogs.microsoft.com/blog/2023/01/18/subject-focusing-on-our-short-and-long-term-opportunity/),

Microsoft Corp said on Wednesday it would cut 10000 jobs by the end of the third quarter of fiscal 2023, the latest sign that layoffs were accelerating in ...

In July last year, it said a small number of roles had been eliminated. Microsoft is terminating 878 full-time workers at its Redmond headquarters, according to an update on Washington State's Worker Adjustment and Retraining Notification (WARN) page. "At the same time, the next major wave of computing is being born with advances in AI." Employees in China will be notified after the Chinese New Year. law, most employers are required to report staff cuts affecting 50 or more workers at a single location. AI is likely to be one of those areas. However, Microsoft would keep hiring in "strategic areas," he said. [to 35%](/technology/microsoft-beats-quarterly-revenue-estimates-2022-10-25/) in the first fiscal quarter of 2023, and the company projects more cooling to come. Customers wanted to "optimize their digital spend to do more with less" and "exercise caution as some parts of the world are in a recession and other parts are anticipating one," he said. Register for free to Reuters and know the full story In a note to employees, CEO Satya Nadella attempted to address the divergent outlook for different parts of the business. [(MSFT.O)](https://www.reuters.com/companies/MSFT.O) on Wednesday said it would eliminate 10,000 jobs and take a $1.2 billion charge to earnings, as its cloud-computing customers reassess their spending and the company braces for potential recession.

Microsoft layoffs include 10000 employees that will be laid off through March, as CEO Satya Nadella says the software company's cuts are necessary due to ...

“To me this is the natural progression of all the infrastructure the channel has delivered for decades,” he said. That will bring the total number of his customers that have moved to Microsoft 365 and Azure to 75 percent. In fact, Stinner said he sees the layoffs as a call to action for Microsoft partners to embrace change and drive further growth. The people who want to complain about this are the pessmists of society and not the abundance mindset thinkers.” He expects Microsoft 365 sales and Azure sales to be up anther 40 to 60 percent this year. “Satya Nadella is the most forward thinking CEO Microsoft has had since Bill Gates when the mantra was a computer on every desktop in every business and every home. “For AWS, the number of layoffs is not meaningful in any way.” Now the mantra is Microsoft creates the software to make people reach their full potential. “As we saw customers accelerate their digital spend during the pandemic, we’re now seeing them optimize their digital spend to do more with less,” said Nadella. “There’s this uncertainty in the air,” said Selipsky on stage during a keynote at AWS re:Invent 2022. “We continue to see robust growth in new applications, services and workloads with AWS. This is a far slower growth rate than Microsoft has seen over the past several years.

MICROSOFT on Wednesday (Jan 18) said it would eliminate 10000 jobs and take a US$1.2 billion charge as its cloud-computing customers dissect their spending ...

Microsoft's (MSFT) layoff announcement Wednesday reinforces the Club's belief that the technology giant's business has more challenges ahead.

Investors in Microsoft are grappling with the push and pull between the rocky present and hopeful future, and how much weight to put on both. "We expect MSFT to embed this technology in all of its services, and for it to be a major driver of incremental revenue and ultimately position the company in a more dominant position within every cloud segment with shocking but organic new services." See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Over the coming years, the company stands to benefit from an injection of federal infrastructure spending, and it has a capital return program — dividend plus stock buybacks — that the Club covets in this market. "The way we see it, any potential layoffs are a tactical reaction to the cyclical conditions in this part of the business cycle, but the possible investment in OpenAI and bringing AI across the Microsoft portfolio could help drive growth for decades to come." The Club wants to see tech giants tighten their belts, and Microsoft took a step in that direction — although more may need to be done, Jim Cramer suggested Wednesday.

Another technology giant is reducing headcount ahead of an anticipated recession. Microsoft is laying off 10,000 employees (less than 5% of its total workforce) ...

Microsoft CEO explained, "If we deliver on this, we will emerge stronger and thrive long into the future; it's as simple as that."

We’re also seeing organisations in every industry and geography exercise caution as some parts of the world are in a recession and other parts are anticipating one," he explained. The layoffs and severance support are part of a three-priority strategy for the organisation to become more competitive. As in the case of other tech-sector announcements, the development was linked to scaling up during the pandemic. will align with the employment laws in each country." Calling the decision "difficult, but necessary", CEO Nadella detailed a range of outplacement support for US-based employees. The layoffs will go on till the end of Q3 FY2023.

Big tech's mass layoffs barely make a dent in the recruiting frenzy that preceded it. But first...

Satya Nadella shared the below communication today with Microsoft employees. We're living through times of significant change, and as I meet with customers ...

I want to extend my deepest thanks and gratitude to everyone who has contributed to Microsoft up to this point and to all of you who will continue to contribute as we chart our path ahead. When I think about this moment in time, the start of 2023, it’s showtime – for our industry and for Microsoft. These are the kinds of hard choices we have made throughout our 47-year history to remain a consequential company in this industry that is unforgiving to anyone who doesn’t adapt to platform shifts. The senior leadership team and I are committed that as we go through this process, we will do so in the most thoughtful and transparent way possible. Today, we are making changes that will result in the reduction of our overall workforce by 10,000 jobs through the end of FY23 Q3. We’re also seeing organizations in every industry and geography exercise caution as some parts of the world are in a recession and other parts are anticipating one.

The pool of tech talent isn't as deep as it seems, says EY CEO Carmine Di Sibio. So what's happening with the thousands of laid off tech workers?

And, The Information reported in November, the search engine polymath was recasting performance review practices in order to identify roughly [10,000 employees it considered “low performers”](https://fortune.com/2022/11/23/google-toughening-performance-reviews-employees-fear-layoffs/) in terms of their impact on the company’s bottom line. And 37% of laid-off tech workers got a new job in less than one month. Even [putting employees out of work](https://fortune.com/2022/09/30/what-its-like-for-tech-employees-who-survive-layoffs-at-company/). The likes of Meta, Tech companies ahead of the holiday period wrapped up the year with a lot of painful belt tightening. January isn’t even over yet, and it’s already the second-highest monthly total for the tech sector since September 2015—a year when many companies were forced to contend with changing trends and a pivot or die mentality.

Microsoft CEO Satya Nadella says in an online post that Microsoft will continue to hire in 'key strategic areas.' ARTICLE TITLE HERE ...

[recruiter](https://www.linkedin.com/posts/carlos-ramirez81_i-woke-up-to-the-news-about-my-employer-laying-activity-7021553189271322624-Nr1c?utm_source=share&utm_medium=member_desktop) at Microsoft who worked for the company for more than a year. [IVAS](https://www.crn.com/news/managed-services/us-army-delays-microsoft-headset-adoption), were among the business units hit by layoffs, [according](https://www.bloomberg.com/news/articles/2023-01-18/microsoft-scales-back-hololens-business-after-setback-on-us-army-goggles#xj4y7vzkg) to Bloomberg. and concerns over a possible global recession. Army’s request for $400 million to buy up to 6,900 HoloLens goggles this fiscal year. “And my heart goes out to everyone else affected by the layoffs.” “Unfortunately, I was among the employees. [marketing](https://www.linkedin.com/posts/johnemrick_hi-all-i-was-included-in-the-microsoft-activity-7021546202231951362-1UYo?utm_source=share&utm_medium=member_desktop) employees for the company’s [industry solutions](https://www.linkedin.com/posts/ericwahlquist_opentowork-activity-7021529160137277440-ylIO?utm_source=share&utm_medium=member_desktop), one with Microsoft for more than six years and the other with the company for more than four years [recruiter](https://www.linkedin.com/posts/peter-ruiz_opentowork-activity-7021578769182158848-FHKc?utm_source=share&utm_medium=member_desktop) with Microsoft for more than two years Microsoft and other tech vendors have blamed recent layoffs on customer demand returning to normal after the scramble to remote work and digital transformation during the pandemic. [recruiter](https://www.linkedin.com/posts/activity-7021544832363859969-xzQF?utm_source=share&utm_medium=member_desktop) at Microsoft for more than three years The U.S. [recruiter](https://www.linkedin.com/posts/krystal-j-28868a29_opentowork-microsoft-activity-7021575858742034433-Lnxt?utm_source=share&utm_medium=member_desktop) with Microsoft for more than a year