Like other tech giants, Microsoft continues to cut its payroll. The number of employees affected is significantly higher than in October 2022.
After kicking out around 1,000 people, the Microsoft ogre continues its “structural adjustments” more importantly.
Microsoft lays off 10,000 employees
This Wednesday, January 18, 2023, Microsoft announced new job cuts after those that took place in October 2022. Thus by the end of March, the Redmond firm will lay off 10,000 employees, or 5% of its payroll. A decision that serves as an answer “macroeconomic conditions and changing customer priorities”according to CEO Satya Nadella.
Like last time, it is possible that different branches of society will be affected. In his note, Satya Nadella promises that there will continue to be “hiring in key strategic areas”, and that employees will not leave with nothing. The website The Verge clarifies that those returned will have a “above-market severance pay, six months medical coverage, the ability to purchase shares for six months, future assistance and 60 days notice”. Measures that should cost Microsoft $ 1.2 billion.
If the layoffs are unfortunately legion in recent months in the world of tech, the employees of Meta and Amazon not being spared, the timing will certainly make people cringe. Despite declines in certain sectors, Microsoft is a giant in very good health which, in addition, is preparing to buy Activision Blizzard for 70 billion dollars.
