Microsoft announces 10,000 job cuts, nearly 5% of its global workforce

Microsoft today announced details of a much-rumored round of layoffs, confirming in a filing with the Securities and Exchange Commission (SEC) that 10,000 employees will be impacted as part of “workforce reduction” measures the company is taking in response to “macroeconomic conditions and changing customer priorities.”
The news comes as major redundancies continue to permeate the tech industry, with Salesforce recently announcing that it was cutting its workforce by 10% impacting some 7,000 workers, while Amazon is in the midst of cutting 18,000 from its headcount.
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