Microsoft Layoffs

Software company's revenue growth has slowed in recent quarters · What's News · Disney Defends Board, Robert Iger Against Peltz's Criticisms · Deal Slump Dents ...

[more than one round of layoffs](https://www.wsj.com/articles/microsoft-lays-off-employees-after-slowdown-in-earnings-growth-11666072959?mod=article_inline) but didn’t announce how many positions it cut. [20% off your next online order - Walmart coupon code](https://www.wsj.com/coupons/walmart) [Kohl's Coupon 30% off sitewide](https://www.wsj.com/coupons/kohls)

Bloomberg reported that Microsoft will cut jobs in several engineering divisions on Wednesday, and the cuts will be “significantly larger” than its other recent ...

[Several startups](https://www.geekwire.com/layoff-tracker-2022/) in the Seattle area are also conducting layoffs. [Bloomberg](https://www.bloomberg.com/news/articles/2023-01-17/microsoft-to-cut-jobs-in-engineering-divisions-this-week?sref=CUpXQy6u) reported that Microsoft will cut jobs in several engineering divisions on Wednesday, and the cuts will be “significantly larger” than its other recent rounds of layoffs. [laying off 18,000 employees](https://www.geekwire.com/2023/the-end-of-everything-at-amazon-record-layoffs-signal-new-mindset-for-sprawling-tech-giant/), or 5% of its corporate workforce. “We believe the shift to cloud is still less than 50% penetrated and represents a massive opportunity for Nadella & Co. On the earnings call in October, executives projected trends such as weaker PC demand and lower advertising spend to continue, and said headcount growth would be “minimal.” [Sky News](https://news.sky.com/story/microsoft-to-axe-thousands-of-jobs-in-latest-cull-by-tech-giant-12788916) reported the company could cut around 5% of its total workforce, or more than 10,000 jobs.

Technology company Microsoft has plans to slash its headcount soon, according to a Tuesday report from Sky News. The cuts could reportedly impact 5% of ...

[LENDINGCLUB SLASHING HEADCOUNT BY 225](https://www.foxbusiness.com/markets/lendingclub-slashing-headcount-by-225) [Meta Platforms](https://www.foxbusiness.com/category/facebook), the corporate parent of Facebook, said in November its staff would be trimmed by over 11,000. About a week prior to that, ride-share company Lyft announced a [13% reduction](https://www.foxbusiness.com/economy/lyft-laying-off-nearly-700-workers), equating to roughly 683 employees. [Sky News](https://news.sky.com/story/microsoft-to-axe-thousands-of-jobs-in-latest-cull-by-tech-giant-12788916#) reported Tuesday that Microsoft was working out plans to potentially do layoffs that would affect approximately 5% of its employees. Of those, 122,000 were located in the U.S. Change

Microsoft laid off around 1,000 employees across the company, including staff working for its Xbox division, in October 2022. The company is planning to report ...

[Sky News](https://news.sky.com/story/microsoft-to-axe-thousands-of-jobs-in-latest-cull-by-tech-giant-12788916), the latest round of layoffs at the US technology giant could see it axe roughly 5% of its 220,000-person workforce, which would equate to some 11,000 jobs. [Bethesda](https://www.videogameschronicle.com/companies/zenimax-media/bethesda-softworks/)’s Redfall and Starfield [will be released in the first half of 2023](https://www.videogameschronicle.com/news/bethesda-has-officially-delayed-starfield-and-redfall-to-2023/), and the former is [reportedly targeting a May release](https://www.videogameschronicle.com/news/redfall-is-reportedly-targeting-a-may-release-date/). [officially scheduled for release this spring](https://www.videogameschronicle.com/news/forza-motorsport-is-out-in-spring-2023-will-feature-on-track-ray-tracing/) and action strategy game [Minecraft Legends is also coming in 2023](https://www.videogameschronicle.com/news/strategy-game-minecraft-legends-has-been-announced-for-release-in-2023/). [Microsoft is expected to announce release dates](https://www.videogameschronicle.com/news/xbox-germany-says-it-will-announce-forza-and-redfall-release-dates-in-live-stream/) for several highly anticipated Xbox games [during a product showcase](https://www.videogameschronicle.com/news/xbox-and-bethesda-developer-direct-confirmed-for-january-25/). [Forza Motorsport](https://www.videogameschronicle.com/games/forza-series/forza-motorsport-7/), [Redfall](https://www.videogameschronicle.com/games/redfall/) and [Minecraft](https://www.videogameschronicle.com/games/minecraft/) Legends, as well as launch dates for the titles, during the ‘Developer Direct’ event on January 25. [Microsoft](https://www.videogameschronicle.com/companies/microsoft/) is reportedly planning to cut thousands of jobs imminently.

Multiple media outlets are reporting that the tech giant will be laying off thousands of positions in the coming days.

Meanwhile, the cloud software giant, Salesforce, announced it is cutting 8,000 jobs, and Facebook’s parent company, [Meta](https://gizmodo.com/one-year-after-facebook-went-meta-its-built-a-multiver-1849715493), has cut its workforce by about 11,000 jobs. [Sky News](https://news.sky.com/story/microsoft-to-axe-thousands-of-jobs-in-latest-cull-by-tech-giant-12788916) reported that Microsoft allegedly plans to cut about five percent of its staff, which it is said to announce in the coming days. [and previous layoffs](https://gizmodo.com/microsoft-layoffs-big-tech-1849671313) in the company. They added that the company may take a year or two before it begins hiring at the same rate prior to the layoffs. Two months later, 1,000 Microsoft employees from the Xbox console gaming division, the Strategic Missions and Technology organization, and other units were laid off, The layoffs will allegedly include Microsoft’s engineering and human resources departments and will be the latest in a series of [layoffs in the technology industry](https://gizmodo.com/the-12-biggest-tech-layoffs-of-the-year-so-far-1849372352).

Microsoft is said to be preparing to cut 5% of its workforce, hitting engineering teams in significantly larger numbers than in past layoffs.

[Satya Nadella](seattle/search/results?q=Satya Nadella) said in an interview with CNBC in early January. The reported layoffs come a week before Microsoft is set to post earnings for its fiscal second quarter, which ended Dec. Its stock is down by over 20% over the past year. Business Insider, meanwhile, [reported](https://www.businessinsider.com/microsoft-layoffs-employees-bracing-for-more-2023-1) Microsoft's recruiting team could be cut by a third. Between rounds in November and January, Amazon is reducing its workforce by over 18,000. However, now the company could lay off about 5% of its workforce, British broadcaster

The move to downsize comes after the Windows maker laid off nearly 1000 staffers in October across its Xbox and Edge divisions, citing economic headwinds.

[Meta](https://www.computerworld.com/article/3678772/update-meta-confirms-it-will-cut-thousands-of-jobs.html), [Amazon](https://www.computerworld.com/article/3684789/amazon-confirms-more-than-18000-employees-to-be-laid-off.html) and [Salesforce](https://www.cio.com/article/418813/salesforce-to-cut-10-of-its-global-workforce-in-restructuring-plan.html), who have all cited macroeconomic concerns as the main reason behind the strategy to downsize heavily. [have continued to downsize since August](https://www.computerworld.com/article/3679733/tech-layoffs-in-2022-a-timeline.html) last year through January. [previous quarter](https://www.computerworld.com/article/3668153/microsoft-weathers-the-financial-storm-with-12-revenue-growth.html), the company’s net income was relatively flat at $16.7 billion, at a much more modest increase of just 2%. [reported its slowest growth in five years for the first quarter of its fiscal 2023](https://www.computerworld.com/article/3677867/rising-cloud-revenue-helps-soften-microsofts-growth-slowdown.html), due largely to a strong US dollar and an ongoing decline in personal computer sales, causing net income to fall by 14% to $17.56 billion from this time last year. [Bloomberg](https://www.bloomberg.com/news/articles/2023-01-17/microsoft-to-cut-jobs-in-engineering-divisions-this-week) report citing sources claimed that the fresh round of layoffs are being planned in response to the expected slump in demand due to macroeconomic conditions and is likely to impact Microsoft’s engineering teams. [laying off nearly 1,000 staffers across its Xbox and Edge divisions](https://www.computerworld.com/article/3676580/microsoft-lays-off-nearly-1-000-staffers-reports.html), Microsoft is expected to carry out another round of layoffs in the coming weeks, impacting 5% of its workforce, according to a [Sky News](https://news.sky.com/story/microsoft-to-axe-thousands-of-jobs-in-latest-cull-by-tech-giant-12788916) report.

Microsoft is reportedly set to join the likes of Amazon, Salesforce and Google-parent Alphabet in kicking off the new year with job cuts.

It has started this year advertising for a flight attendant for one of its private jets. ](https://www.barrons.com/market-data/stocks/msft) [

Microsoft could announce thousands of job cuts on Wednesday, according to multiple news reports, potentially becoming the latest tech company to cull its ...

Facebook [(FB)](https://money.cnn.com/quote/quote.html?symb=FB&source=story_quote_link) parent Meta also recently announced 11,000 job cuts, the largest in the company’s history. While the overall labor market remains tight, layoffs in the tech sector have mounted at a staggering pace. The [Wall Street Journal](https://www.wsj.com/articles/microsoft-plans-to-announce-layoffs-as-early-as-wednesday-morning-11674001917), also citing a person familiar with the matter, said the layoffs could be announced as soon as Wednesday. [(AMZN)](https://money.cnn.com/quote/quote.html?symb=AMZN&source=story_quote_link) announced that it plans to lay off 18,000 people and Salesforce said it is cutting 10% of its staff. [Bloomberg](https://www.bloomberg.com/news/articles/2023-01-17/microsoft-to-cut-jobs-in-engineering-divisions-this-week?sref=VYQZzSZK), which cited a person familiar with the matter. Multiple tech companies have made deep cuts to their workforces since the start of the year, as inflation weighs on consumer spending and rising interest rates squeeze funding.

The job cuts, which amount to less than 5 percent of the company's work force, are its largest in roughly eight years.

“We’re also seeing organizations in every industry and geography exercise caution as some parts of the world are in a recession and other parts are anticipating one,” he added. In October, Amy Hood, the company’s finance chief, told investors that the slowdown in consumer PC sales that started in September would continue through at least June. The company is scheduled to report its next quarterly earnings on Tuesday. In the quarter ending in September, Microsoft had $50 billion in sales that produced $17.6 billion in profit. With the cuts, Microsoft joined a string of other tech giants that have pulled back after several years of frenetic hiring to meet the pandemic-fueled surge in online services and the expansion of cloud computing. Among the industry’s big companies, Google’s parent company, Alphabet, and Apple are the only firms yet to announce significant layoffs. The company’s annual revenue grew 58 percent over three years, during which time it hired more than 75,000 people. [Salesforce](https://www.nytimes.com/2023/01/04/technology/salesforce-layoffs.html) said this month that it planned to lay off 10 percent of its work force, or about 8,000 employees, and [Meta, the parent company of Facebook](https://www.nytimes.com/2022/11/09/technology/meta-layoffs-facebook.html), announced at the end of last year that it was cutting more than 11,000 jobs. Nadella wrote to employees. Microsoft and its peers responded to surging customer demand by essentially hoarding technical staff. “I don’t think this is symptomatic of a bigger issue.” But tech’s giants have not been spared.

Microsoft joins the likes of Amazon, Salesforce and Google-parent Alphabet in kicking off the new year with job cuts.

[Microsoft](#phrase-company?ref=COMPANY%7CMSFT;onlineSignificance=prominent) is cutting 10,000 jobs as the company joins the ranks of technology companies reducing costs in response to the slowing economic environment. ](https://www.barrons.com/market-data/stocks/msft) [In a blog post](https://blogs.microsoft.com/blog/2023/01/18/subject-focusing-on-our-short-and-long-term-opportunity/),

Microsoft Corp said on Wednesday it would cut 10000 jobs by the end of the third quarter of fiscal 2023, the latest sign that layoffs were accelerating in ...

In July last year, it said a small number of roles had been eliminated. Microsoft is terminating 878 full-time workers at its Redmond headquarters, according to an update on Washington State's Worker Adjustment and Retraining Notification (WARN) page. "At the same time, the next major wave of computing is being born with advances in AI." Employees in China will be notified after the Chinese New Year. law, most employers are required to report staff cuts affecting 50 or more workers at a single location. AI is likely to be one of those areas. However, Microsoft would keep hiring in "strategic areas," he said. [to 35%](/technology/microsoft-beats-quarterly-revenue-estimates-2022-10-25/) in the first fiscal quarter of 2023, and the company projects more cooling to come. Customers wanted to "optimize their digital spend to do more with less" and "exercise caution as some parts of the world are in a recession and other parts are anticipating one," he said. Register for free to Reuters and know the full story In a note to employees, CEO Satya Nadella attempted to address the divergent outlook for different parts of the business. [(MSFT.O)](https://www.reuters.com/companies/MSFT.O) on Wednesday said it would eliminate 10,000 jobs and take a $1.2 billion charge to earnings, as its cloud-computing customers reassess their spending and the company braces for potential recession.

Microsoft announced thousands of job cuts this week, becoming the latest tech company to pluck its workforce as the global economy slows.

[ Nadella](https://twitter.com/satyanadella) wrote in the statement. [According to Bloomberg](https://www.bloomberg.com/news/articles/2023-01-17/microsoft-to-cut-jobs-in-engineering-divisions-this-week?sref=VYQZzSZK), which cited a person familiar with the matter, Microsoft will cut jobs in a number of engineering divisions. We will treat our people with dignity and respect, and act transparently. [What are the 2022 US federal tax brackets? What are the new 2023 tax brackets?](https://www.usatoday.com/story/money/taxes/2023/01/18/tax-brackets-2022-2023-irs/11067407002/) We know this is a challenging time for each person impacted,"

Microsoft will cut 10000 jobs, representing less than 5% of its global workforce, in an effort to cut costs amid signs of an economic slowdown.

Microsoft is eliminating roles in some areas but “we will continue to hire in key strategic areas,” Nadella noted. Microsoft had hired roughly 75,000 employees since 2019 as the company “needed to aggressively hire along with the rest of the tech sector and spend money like 1980s rock stars to keep pace with eye-popping demand,” Wedbush Securities analyst Dan Ives wrote in a research note Wednesday. [Amazon this month announced that it will eliminate “just over” 18,000 positions](https://variety.com/2023/digital/news/amazon-layoffs-18000-employees-ceo-confirms-1235479353/), and Salesforce said it is pink-slipping 8,000 (10% of its employee base). All together, Microsoft said the moves will result in a charge of $1.2 billion for the December 2022 quarter, representing a 12 cent/share hit to diluted earnings. While Microsoft saw customers accelerate their digital spend during the pandemic, according to Nadella, “we’re now seeing them optimize their digital spend to do more with less.” He added that the company is “seeing organizations in every industry and geography exercise caution as some parts of the world are in a recession and other parts are anticipating one.” [Microsoft](https://variety.com/t/microsoft/) said it is cutting 10,000 jobs, representing about 5% of its global workforce, in an effort to cut costs amid signs of an economic slowdown.

Microsoft layoffs include 10000 employees that will be laid off through March, as CEO Satya Nadella says the software company's cuts are necessary due to ...

“To me this is the natural progression of all the infrastructure the channel has delivered for decades,” he said. That will bring the total number of his customers that have moved to Microsoft 365 and Azure to 75 percent. In fact, Stinner said he sees the layoffs as a call to action for Microsoft partners to embrace change and drive further growth. The people who want to complain about this are the pessmists of society and not the abundance mindset thinkers.” He expects Microsoft 365 sales and Azure sales to be up anther 40 to 60 percent this year. “Satya Nadella is the most forward thinking CEO Microsoft has had since Bill Gates when the mantra was a computer on every desktop in every business and every home. “For AWS, the number of layoffs is not meaningful in any way.” Now the mantra is Microsoft creates the software to make people reach their full potential. “As we saw customers accelerate their digital spend during the pandemic, we’re now seeing them optimize their digital spend to do more with less,” said Nadella. “There’s this uncertainty in the air,” said Selipsky on stage during a keynote at AWS re:Invent 2022. “We continue to see robust growth in new applications, services and workloads with AWS. This is a far slower growth rate than Microsoft has seen over the past several years.

Microsoft will cut 10,000 workers over the next few months, CEO Satya Nadella announced in a statement released on Wednesday. Layoffs will begin immediately ...

The company began notifying affected workers on Wednesday, and plans to complete the layoffs by the Spring, according to the note. The staff reduction announcement on Wednesday comes a week after the tech giant said it would be allowing U.S. One area Microsoft has been focusing on is artificial intelligence. The cuts represent a little less than 5% of Microsoft's global workforce of 221,000 employees. Investment analyst firm Wedbush Securities on Wednesday described the recent spate of layoffs in the tech sector as "a rip off the Band-aid moment to preserve margins and cut costs." Microsoft CEO Satya Nadella said the company is "seeing organizations in every industry and geography exercise caution as some parts of the world are in a recession and other parts are anticipating one," in a note to employees posted online and in a

Microsoft announced plans to cut 10,000 jobs, approximately 5% of its workforce, as the company braces for increased economic uncertainty.

[announces](https://www.billboard.com/pro/soundcloud-layoffs-20-percent-workforce-global/) plans to lay off 20% of its employees. [announces](https://www.nytimes.com/2023/01/04/technology/salesforce-layoffs.html) plans to axe 8,000 employees, or roughly 10% of its global workforce. [announces](https://qz.com/musk-plans-to-cut-nearly-75-percent-of-twitter-s-workfo-1849684387) plans to lay off over 75% of its workforce. [announces](https://qz.com/zuck-wants-you-to-know-he-s-sorry-about-laying-off-th-1849761562) it would lay off 11,000 employees, or 13% of its workforce. “We’re going to go through a phase today where there is some amount of normalization in demand. [announces](https://gizmodo.com/shopify-layoffs-ecommerce-1849331886) layoffs affecting 10% of its workers. It is the company’s largest layoffs since 2014, when it Microsoft also announced it would continue hiring in some strategic areas, including artificial intelligence research. [reduces](https://vimeo.com/blog/post/message-from-vimeo-ceo/) its workforce by 6%. [lays off](https://www.theguardian.com/media/2022/jun/23/netflix-layoff-300-employees-second-round-job-cuts#:~:text=Netflix%20announced%20on%20Thursday%20it,cut%20150%20jobs%20last%20month.) 300 employees, or 4% of its workforce. Microsoft has been on a hiring spree in recent years, adding more than 75,000 people since 2019 as revenue grew by 58%. [lays off](https://gizmodo.com/taking-from-the-rich-kicking-to-the-curb-robinhood-ap-1848847262) 9% of staff.