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Microsoft CEO Satya Nadella confirms plan to lay off 10,000 workers

Just hours after media reports forecast more layoffs at Microsoft, CEO Satya Nadella confirmed in a blog post that the company would be cutting almost 5% of its workforce, impacting 10,000 employees.  

“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. This represents less than 5 percent of our total employee base, with some notifications happening today,” Nadella wrote in the blog post.

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Source:: Computerworld