Microsoft to lay off 10,000 employees, about 5% of workforce

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Microsoft to lay off 10,000 employees, about 5% of workforce
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Microsoft is the latest tech giant to lay off thousands of employees.

Microsoft said in a regulatory filing that it has notified employees of the layoffs, some of which are effective immediately and were in response to “macroeconomic conditions and changing customer priorities,” the Speaking before the announcement of the layoffs, Microsoft CEO Satya Nadella said the company, like many others, was affected by a weaker global economy.

“No one can defy gravity and gravity here is inflation-adjusted economic growth,” Nadella said during a live stream from the World Economic Forum, But while Microsoft announced layoffs, eliminating some roles, Nadella said the company is still hiring in “key strategic areas” including building a “new computer platform” using artificial intelligence, according to

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