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The wave of layoffs in the technology sector continues: Microsoft throws out 10,000 employees


They represent about 5% of the company's workforce. The explanation of the CEO, Satya Nadella.


announced this Wednesday that it will

lay off 10,000 employees

, about 5% of its workforce, and that it has begun to notify some of the layoffs.

The executive president,

Satya Nadella

, also noted in a statement that the company is going through

"significant changes"


Nadella explained that when she meets with clients, she notices that they are no longer "accelerating their digital spend," as seen during the pandemic, but instead opting to

"optimize their digital spend to do more with less

. "

"We're also seeing organizations across industries and geographies tread cautiously as

some parts of the world are in a recession

and other parts anticipate one," he adds.

The Microsoft chief executive added that the company will take a

$1.2 billion impairment charge on its earnings

due to severance costs and changes to its hardware portfolio, among others.

According to information on its website,

Microsoft currently has 221,000 employees


The bad moment of Microsoft, in numbers

Microsoft CEO Satya Nadella.

(Photo: AFP)

The software company's revenue growth has

slowed in recent quarters


Next Tuesday, Microsoft will announce its latest quarterly results.

Its shares have fallen 23% in the last 12 months

, in line with the Nasdaq index - where the main technology companies are listed - which fell 26%.

And 45 minutes after the opening of the stock market today, its shares were up a slight 0.25%.

Last July, Microsoft notified a round of layoffs that affected 1% of its workforce, which

had a total of around 180,000 employees

, as a result of a "strategic readjustment" at the start of its new fiscal year.

Since the start of the new year,

several tech companies have cut their workforces

as the boom fueled by the covid pandemic, which increased the number of employees, now grows fears of a possible economic downturn.

According to information on its website, Microsoft currently has 221,000 employees worldwide.

Photo: EFE


said this month it planned to lay off more than 18,000 employees - of which 10,000 have already been laid off in 2022 - and last November, Facebook's parent company,


, said it would cut more than 11,000 workers.

Lyft, Salesforce, DoorDash, Snap, and Twitter were other companies in the sector that announced layoffs in recent months. 

With agency information.


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Source: clarin

All tech articles on 2023-01-18

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