Microsoft will announce thousands of job cuts today, totalling around 5 per cent of its 220,000-strong workforce.
That means roughly 11,000 employees will be culled; less than Amazon’s 18,000, but far more than Twitter’s maligning axing of 3,700 staffers.
These reports are coming from the usual unnamed “people familiar with the situation”, and have appeared overnight on Sky News, The Verge, and Bloomberg.
Microsoft has been creeping towards this for a while.
They made smaller staffing cuts in October, 2021, and last July, have frozen hiring in various divisions, and stopped advertising open positions.
Microsoft CEO Satya Nadella (pictured above) told CNBC earlier this month that Microsoft wasn’t “immune to the global changes” and that years of unrest are coming.
“The next two years are probably going to be the most challenging,” said Nadella.
“We did have a lot of acceleration during the pandemic, and there’s some amount of normalization of that demand. And on top of it, there is a real recession in some parts of the world.”
