Newsletter Archives
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Microsoft to lay off 10,000 workers
MICROSOFT NEWS
By Will Fastie
Microsoft will reduce its worldwide workforce by 5% due to economic uncertainty.
On January 18, 2023, Satya Nadella sent to all Microsoft employees a letter titled Focusing on our short- and long-term opportunity. The note contained his explanation for the contraction of the workforce.
Read the full story in our Plus Newsletter (20.04.0, 2023-01-23).
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Microsoft layoffs: What the bloodbath leaves behind
Yes, 18,000 employees get the heave-ho, but there’s much more to the announcement.
InfoWorld Tech Watch.
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New round of job cuts at Microsoft
Mary Jo Foley reports that Microsoft has started its second round of planned cuts, with emphasis on sales, marketing, and support.
When the layoff announcement came in January, MS immediately cut 1,400 people, anticipating that 3,600 more would be cut in the ensuing 18 months. Looks like this round of cuts will come close to the 3,600.
Roughly half the people cut are in the US, the others are overseas.
Still, MS expects to hire 2,000 to 3,000 more people in the next year, primarily for its Online Systems Division, which has been enormously unprofitable, according to MS’s latest earnings report. Online Systems seems poised to post a $2,000,000,000 loss this fiscal year, ending June 30, 2009, give or take a penny.