Memo: Microsoft plans to lay off 10,000 employees through March 31, reducing headcount by less than 5%, and will take a $1.2B charge to facilitate the move
[Editor's Note: Timing of layoffs corrected since original post.] — Citing a need to “align our cost structure with our revenue …
GeekWire Todd Bishop
Related Coverage
- Microsoft to Cut Engineering Jobs This Week as Layoffs Go Deeper Bloomberg · Dina Bass
- Microsoft set to lay off thousands of employees tomorrow The Verge · Tom Warren
- Microsoft employees are bracing for more layoffs Insider · Ashley Stewart
- Microsoft to cut thousands of jobs - Sky News Reuters · Yuvraj Malik
- Microsoft announces big job cuts that will affect 10,000 employees The Verge · Tom Warren
- Reports: Microsoft Set to Layoff Thousands PYMNTS.com
- Microsoft to Lay Off 10,000 Workers as It Looks to Trim Costs New York Times · Karen Weise
- Microsoft to cut thousands of jobs, including in engineering DCD · Sebastian Moss
- Microsoft is planning more big job cuts, according to reports ZDNet · Liam Tung
- Microsoft Spokesperson Calls Impending Layoffs a ‘Rumor’ Gizmodo · Nikki Main
- Microsoft Plans to Announce Layoffs as Early as Wednesday Morning Wall Street Journal · Tom Dotan
- Wednesday's top tech news: layoffs come for Microsoft The Verge · Jon Porter
- Microsoft layoffs set to hit 11,000 employees Tech Monitor · Ryan Morrison
- Microsoft set to announce big layoffs, according to multiple reports CNN
- Microsoft Lays Off 10,000 as Slowdown Hits Software Business Wall Street Journal · Tom Dotan
- Microsoft Plans 10,000 Job Cuts, Will Take $1.2 Billion Charge Bloomberg · Dina Bass
- Microsoft is laying off 10,000 employees Axios · Ina Fried
- Microsoft is laying off 10,000 employees CNBC · Jordan Novet
- Microsoft could be the next tech giant to announce massive layoffs TechRadar
- Microsoft looks set to eliminate 10,000 jobs in the next few days TechSpot · Rob Thubron
- Microsoft Set to Announce at Least 10,000 Layoffs Tech.co · Aaron Drapkin
- Microsoft to lay off over 10,000 employees - report TrueAchievements · Sean Carey
- Microsoft reportedly will cut thousands of jobs; it's hiring in Triangle WRAL TechWire
- Source: Microsoft is contemplating cutting ~5% of its workforce, or ~11,000 jobs, and could announce the layoffs in the coming days, before company earnings Sky News · Mark Kleinman
- Microsoft is planning to cut thousands of jobs globally Silicon Republic · Vish Gain
- Microsoft to lay off nearly 11K employees this week: Report BGR India · Md Waquar Haider
Discussion
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@tomwarren
Tom Warren
on x
Microsoft is preparing to make job cuts tomorrow, I've learned. Additional reports suggest the software giant could layoff more than 10,000 employees. Details here: https://www.theverge.com/...
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@drtcj
Ted C. Jones
on x
Slowing US Economy Microsoft is reported to be cutting 11,000 jobs or approximately 5% of its total workforce. This follows 1,000 job cuts in 2022. Amazon announced 23,000 job cuts (6% of all employees) & Meta 11,000 (13% of workforce) These are NOT minimum wage positions
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@jordannovet
Jordan Novet
on x
here it is: Microsoft is announcing that it's cutting 10,000 employees (less than 5% of the company) and taking a $1.2 billion charge related to lease consolidation and changes to its hardware portfolio https://www.cnbc.com/...
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@jordannovet
Jordan Novet
on x
and here's the Satya mail: https://www.sec.gov/... https://twitter.com/...
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@inafried
Ina Fried
on x
Breaking: Microsoft is laying off 10,000 employees, or less than 5% of staff. Some unspecified cuts to hardware lineup https://www.axios.com/... tip @Techmeme
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@thestalwart
Joe Weisenthal
on x
Layoffs at Microsoft in engineering starting today reports @dinabass https://www.bloomberg.com/...