The company is making changes that will result in the reduction of its overall workforce by 10 000 jobs through the end of FY23 Q3.
Microsoft has become the latest tech giant to announce massive job cuts amid an uncertain global economy.
“We’re living through times of significant change, and as I meet with customers and partners, a few things are clear,” says Nadella in the memo.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Microsoft to retrench 10 000 employeesMicrosoft plans eliminate 10 000 jobs and take a $1.2-billion charge as its cloud computing customers dissect their spending.
Read more »
Microsoft looks to ‘democratise’ AI with viral bot ChatGPTThe software giant adds the text-based chatbot ChatGPT to its Azure Cloud platform, as it looks to dominate the world of artificial intelligence.
Read more »
Microsoft to add ChatGPT to Azure cloud servicesMicrosoft will add OpenAI’s viral artificial intelligence bot ChatGPT to its cloud-based Azure service “soon”.
Read more »
Microsoft engineers targeted in latest layoffsThe magnitude of the cuts couldn’t be learned, but the person, who asked not to be identified discussing confidential matters, said the reduction will be significantly larger than other rounds at Microsoft in the past year.
Read more »
Microsoft to cut engineering jobs this week as layoffs go deeperMicrosoft plans to cut jobs in a number of engineering divisions on Wednesday, joining the ranks of technology giants that are scaling back as the industry prepares for a prolonged slump in demand. Moneyweb JobCuts
Read more »
Microsoft cutting 10,000 jobs — will cost R20 billionMicrosoft said it plans to cut 10,000 jobs, or about 5% of its workforce, taking steps to cope with an increasingly bleak outlook that has now bruised many of the technology industry’s biggest names.
Read more »