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Microsoft Says It Will Axe 10,000 Employees Over Poor Economy

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Last Updated: January 18, 2023, 20:27 IST

Microsoft said the layoffs were in response to macroeconomic conditions.

Microsoft said the layoffs were in response to macroeconomic conditions.

The cuts were ‘in response to macroeconomic conditions and changing customer priorities,’ the maker of the Windows operating system said in a US regulatory filing

Microsoft on Wednesday said it would layoff 10,000 employees in the coming months as the economic downturn continues to punish US tech giants.

The cuts were “in response to macroeconomic conditions and changing customer priorities,” the maker of the Windows operating system said in a US regulatory filing.

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(This story has not been edited by News18 staff and is published from a syndicated news agency feed)

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