Microsoft layoffs

2023 - 1 - 18

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Microsoft Prepares More Layoffs in Face of Economic Gloom (Barron's)

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) [

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Microsoft set to announce big layoffs, according to multiple reports (CNN)

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.

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From Microsoft to Amazon, layoffs dominate tech world in 2023 | Mint (Livemint)

Microsoft and Amazon are among several large tech companies that are trimming their ranks, including Vimeo, ShareChat, Cisco Systems Inc., Meta, etc.

As a part of the scaling back, one of the big names to recently join the list is Microsoft. Just 18 days into the New Year but the list of tech companies cutting jobs as recession fears loom large is only getting bigger. [layoffs at Microsoft](https://www.livemint.com/news/world/microsoft-latest-to-join-layoff-wave-to-cut-over-10-000-jobs-report-11673983337719.html) this year has been revealed, a source privy to the development said the reduction will be significantly larger than other rounds at Microsoft in the past year.

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Microsoft is firing 11000 employees starting today, but company is ... (DailyO)

In the wave of tech layoffs, Microsoft has also joined the club of Meta and Amazon and will fire at least 5% of its workforce starting today according to ...

Several others like [Amazon](https://www.dailyo.in/technology/amazon-is-laying-off-over-18000-employees-38472), Netflix and Ola are also on the list. [Layoffs.fyi](https://layoffs.fyi/), a tracking site that has been tracking job layoffs since Covid-19, 30 organisations are responsible for sacking off jobs of 30,611 employees. Microsoft is firing at least 5% of its workforce starting today, according to The [wave of layoffs began with Twitter in 2022](https://www.dailyo.in/technology/tech-winter-is-here-with-twitter-massacre-meta-madness-leading-mass-layoffs-37850), after Elon Musk took over the reins of the company. More than 30,000 individuals have lost their employment globally in less than a week in 2023.

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Tech layoffs wave: Microsoft likely to cut over 10000 jobs - All you ... (Times Now)

Over the past few months, many major corporates, including Facebook and Amazon, have laid off hundreds of employees causing panic in the market.

Going by the numbers, job cuts announced by US-based employers jumped 13% to 33,843 in October last year, the highest since February 2021, as per a report. According to a Bloomberg report, the tech stalwart may announce job cuts in its IT, engineering and human resources department. - According to filings, Microsoft has 221,000 full-time employees, including 122,000 in the US and 99,000 internationally.

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Microsoft is reportedly planning to layoff 11000 employees (Interesting Engineering)

Microsoft joins other tech companies in laying off a large portion of its workforce as it prepares for tough times ahead.

After acceleration during the pandemic, the tech industry was now going through normalization of demand, and along with the recession in large parts of the world, adjustments needed to be made. Now, reports suggest that Microsoft could be looking to trim its workforce in the engineering division and human resources. Although Microsoft is yet to make a formal statement about the layoffs, these were expected after CEO Satya Nadella warned of "sustained turbulence." Microsoft has been under pressure to demonstrate growth at its cloud unit Azure as sales in the personal computer segment have dipped, hurting revenues from Windows and device sales. Although unconfirmed, the company is allegedly looking to lay off roughly five percent of its staff, a move that will impact over 11,000 employees. As money becomes more expensive to raise, the Federal Reserve expects demand to dampen and put downward pressure on prices that have been rocketing since the pandemic.

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Tech layoffs: is Microsoft preparing to cull 5% of its workforce? (TechHQ)

Sky News suggested that the Microsoft layoffs would impact approximately five percent of the company's 220000-person workforce.

[As with most tech giants](https://techwireasia.com/2022/11/tech-layoffs-the-hefty-price-of-overgrowing-during-the-pandemic/), Microsoft too saw profits soar, especially during the first two years of the pandemic, and it tried to capitalize on the moment by going on a hiring spree, adding 50,000 employees over that same timeframe. Overall, the [mass layoffs within the tech sector](https://techwireasia.com/2022/11/finding-comfort-from-brutal-tech-layoffs/) are considered far from over, and experts foresee them continuing well into this year and possibly 2024, as companies within the industry continue losing money. What is clear though is that if the 11,000 figure is accurate, Microsoft will seemingly find itself on a familiar trajectory, as with Meta and Amazon. Less than a week after that news made the rounds, there are talks that the software giant may now be downsizing its workforce by a significant amount, with an announcement anticipated as soon as today. The investment from Microsoft is said to be part of an agreement in which the company will receive 75% of OpenAI’s profits until it has recouped its investment. Last week, reports claimed that Microsoft is planning a big step to gain an advantage over its competitors with a

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Microsoft to Lay Off 10000 Workers as It Looks to Trim Costs (The New York Times)

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.

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Microsoft Cuts 10000 Jobs as Tech Layoffs Continue (Barron's)

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/),

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Microsoft to cut 10000 jobs as tech layoffs intensify (Reuters)

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.

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Microsoft to lay off 10000 employees starting Wednesday; roughly 5 ... (USA TODAY)

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,"

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Satya Nadella Confirms 10000 Microsoft Layoffs | CRN (CRN)

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.

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Microsoft slashes 10000 jobs, the latest in a wave of layoffs (WJCT NEWS)

Amazon, Salesforce and Goldman Sachs have also announced cuts during a brutal January for corporate workers.

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

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Microsoft Layoff: दिग्गज कंपनी माइक्रोसॉफ्ट का बड़ा ऐलान, 10 हजार ... (Hindustan हिंदी)

Microsoft Layoff News: मंदी की आशंका के बीच दिग्गज कंपनी ने माइक्रोसॉफ्ट (Tech Company) ने 10 हजार ...

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Microsoft Layoffs: माइक्रोसॉफ्ट भी मंदी से परेशान, 10 हजार कर्मचारियों ... (Jansatta)

Microsoft Layoffs: कंपनी ने जुलाई में करीब एक हजार कर्मचारियों को नौकरी से निकाला था।

[Delhi Govt vs LG: सुप्रीम कोर्ट में अंतिम चरण में पहुंची लड़ाई तो केंद्र ने चला एक शब्द का बड़ा दांव, दंग रह गए CJI चंद्रचूड़](https://www.jansatta.com/jansatta-special/delhi-govt-vs-lg-centre-demands-larger-bench-cji-dy-chandrachud-and-bench-got-surprised/2614698/) [2024 में नरेंद्र मोदी के खिलाफ कौन? [ ऐमजॉन ](https://www.jansatta.com/about/amazon/)ने अभी तक कर्मचारियों को निकाले जाने से जुड़े किसी आंकड़े का खुलासा नहीं किया है। लेकिन दिसंबर 2022 की शुरुआती में New York Times की एक रिपोर्ट में पता चला था कि कंपनी दुनियाभर से करीब 20,000 लोगों को नौकरी से निकाल सकती है। रिपोर्ट में कहा गया था कि आने वाली आर्थिक मंदी के बीच टेक दिग्गज अपने खर्चों में कटौती कर रही है। Microsoft Layoffs: दुनिया की सबसे बड़ी साफ्टवेयर कंपनी माइक्रोसॉफ्ट कॉरपोरेशन (Microsoft Corp) ने अपने 10 हजार कर्मचारियों को नौकरी से निकालने का फैसला लिया है। कंपनी ने कर्मचारियों को निकालने की वजह के पीछे का कारण कपंनी की तंगहाल स्थिति को बताया है।

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Microsoft Layoffs: छंटनी की तैयारी में टेक दिग्गज, जाएगी हजारों ... (Business Standard Hindi)

Microsoft Layoffs: टेक दिग्गज Microsoft अपने 10 हजार कर्मचारियों को नौकरी से निकाल रही है।

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Microsoft Layoffs 2023: माइक्रोसॉफ्ट में बड़े स्तर पर होगी छंटनी, नौकरी ... (LatestLY हिन्दी)

प्रौद्योगिकी कंपनी माइक्रोसॉफ्ट अपने 10 हजार कर्मचारियों को नौकरी से निकाल रही है.

इस बीच, अमेजन 18,000 से ज्यादा कर्मियो को नौकरी से निकाल रही है. यह हमारे कर्मियों की कुल संख्या का पांच प्रतिशत से कम है. इससे पहले फेसबुक, इंस्टाग्राम और व्हॉट्सएप की मूल कंपनी मेटा ने पिछले साल नवंबर में 11,000 से ज्यादा कर्मियों को नौकरी से निकाल दिया था.

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Post layoff announcement, Microsoft boss assures firm will continue ... (Moneycontrol.com)

In a note to employees, Chief Executive Satya Nadella said the layoffs, affecting less than 5% of the workforce, would conclude by the end of March, ...

Thank you for the focus, dedication, and resilience you demonstrate for Microsoft and our customers and partners each day. And third, we will treat our people with dignity and respect, and act transparently. The senior leadership team and I are committed that as we go through this process, we will do so in the most thoughtful and transparent way possible. These are the kinds of hard choices we have made throughout our 47-year history to remain a consequential company in this industry that is unforgiving to anyone who doesn’t adapt to platform shifts. However, he also assured us that the company will continue to hire in key strategic areas. It’s important to note that while we are eliminating roles in some areas, we will continue to hire in key strategic areas.

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Layoff News: Microsoft में 10000 एंप्लॉयीज की छंटनी, ग्राहकों की इन ... (मनी कंट्रोल)

Microsoft के सीईओ सत्य नडेला (Satya Nadella) ने कहा कि कुछ सेक्शन में छंटनी की जा रही है लेकिन अहम ...

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Microsoft To Cut 10000 Jobs As Tech Layoffs Intensify (NDTV)

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

Microsoft said in July last year that a small number of roles had been eliminated, while news site Axios in October reported that the company had laid off under 1,000 employees across several divisions. The layoffs will result in a charge of $1.2 billion in the second quarter of fiscal 2023, representing a negative impact of 12 cents on per share profit, Microsoft said. Microsoft Corp said on Wednesday it would cut 10,000 jobs by the end of third quarter of fiscal 2023, the latest sign that layoffs were accelerating in the U.S.

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Today's Cache | Microsoft layoffs, ChatGPT gets smarter, and ... (The Hindu)

The AI-powered chat bot ChatGPT by OpenAI that is publicly available as a research release has been used for several illegal tasks, including writing malicious ...

With Microsoft planning to offer ChatGPT to Azure OpenAI service users, ensuring that the tool complies with international laws is a must. [software giant Microsoft is planning to slash about 5% of its workforce](https://www.thehindu.com/sci-tech/technology/microsoft-to-cut-thousands-of-jobs-across-divisions-reports/article66395607.ece), or let go of roughly 11,000 people. However, there still exists the risk that users might be able to trick the large language model into helping them generate malware.

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Microsoft layoffs are not enough to shake our cautious view of the ... (CNBC)

Microsoft's (MSFT) layoff announcement Wednesday reinforces the Club's belief that the technology giant's business has more challenges ahead.

Investors in Microsoft are grappling with the push and pull between the rocky present and hopeful future, and how much weight to put on both. "We expect MSFT to embed this technology in all of its services, and for it to be a major driver of incremental revenue and ultimately position the company in a more dominant position within every cloud segment with shocking but organic new services." See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Over the coming years, the company stands to benefit from an injection of federal infrastructure spending, and it has a capital return program — dividend plus stock buybacks — that the Club covets in this market. "The way we see it, any potential layoffs are a tactical reaction to the cyclical conditions in this part of the business cycle, but the possible investment in OpenAI and bringing AI across the Microsoft portfolio could help drive growth for decades to come." The Club wants to see tech giants tighten their belts, and Microsoft took a step in that direction — although more may need to be done, Jim Cramer suggested Wednesday.

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Microsoft Layoffs: 10000 कर्मचारियों की छंटनी पर कंपनी का बड़ा फैसला ... (News18 इंडिया)

माइक्रोसॉफ्ट के सीईओ सत्य नडेला (Satya Nadella) ने अपने कर्मियों को लिखी चिट्ठी में कहा है कि ...

इससे पहले मेटा (Meta layoffs) ने पिछले साल 11,000 से अधिक कर्मचारियों को नौकरी से निकाल दिया था. माइक्रोसॉफ्ट से अमेजन (Amazon layoffs) भी करीब 18,000 कर्मचारियों को बाहर का रास्ता दिखाने की घोषणा कर चुकी है. कंपनी ने बताया कि प्रभावित कर्मियों को क्षतिपूर्ति भुगतान, छह महीनों तक स्वास्थ्य संबंधी सुविधाएं, दो महीने पहले नौकरी से निकालने का नोटिस दिया जाएगा. प्रौद्योगिकी कंपनी माइक्रोसॉफ्ट (Microsoft layoff) ने अपने 10 हजार कर्मचारियों को निकालने की घोषणा की है. माइक्रोसॉफ्ट के सीईओ सत्य नडेला (Satya Nadella) ने अपने कर्मियों को लिखी चिट्ठी में कहा है कि ऐसा लंबी अवधि के लक्ष्यों को ध्यान में रखते हुए किया जा रहा है. यह हमारे कर्मियों की कुल संख्या का पांच प्रतिशत से कम है.

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Indian woman after being laid off by Microsoft in US: 'On visa, limited ... (Moneycontrol.com)

Microsoft employees who lost their jobs too took to social media to share the grim news and seek new opportunities. CEO Satya Nadella said the layoffs, ...

I will be persistent until I crack my next move,” said the engineer who spent a year at IIT-Madras as a research associate between 2015 and 2016. Like others who were laid off by their companies, Microsoft employees who lost their jobs too took to social media to share the grim news and seek new opportunities. [layoffs](https://www.moneycontrol.com/news/tags/layoffs.html) at Microsoft today.

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Microsoft layoff : प्रमुख रणनीतिक क्षेत्रों में भर्ती करती रहेगी ... (मनी कंट्रोल)

Microsoft layoff : चीफ एग्जीक्यूटिव सत्या नाडेला ने कर्मचारियों को भेजे एक नोट में कहा कि यह ...

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Indian man laid off 'after working for over 21 years at Microsoft' (Moneycontrol.com)

Among those who lost their jobs is Prashant Kamani, who started his career with Microsoft and worked with the company in various capacities over the course of ...

“If you know of people hiring for software management positions, do connect me,” Kamani wrote. His first job after college was with Microsoft, for which he relocated to the US. After working for over 21 years at Microsoft, multiple roles, multiple organizations… “I know that today’s news is hitting them equally hard, yet they are staying strong and carrying me through this,” he wrote. He then spent two years at Amazon before re-joining Microsoft as Principal Software Development Manager. Seattle-based Kamani started his career as a software design engineer in 1999 before becoming a team lead at Microsoft and, eventually, a software engineering manager.

Subject: Focusing on our short- and long-term opportunity - The ... (Microsoft)

Satya Nadella shared the below communication today with Microsoft employees. We're living through times of significant change, and as I meet with customers ...

I want to extend my deepest thanks and gratitude to everyone who has contributed to Microsoft up to this point and to all of you who will continue to contribute as we chart our path ahead. When I think about this moment in time, the start of 2023, it’s showtime – for our industry and for Microsoft. These are the kinds of hard choices we have made throughout our 47-year history to remain a consequential company in this industry that is unforgiving to anyone who doesn’t adapt to platform shifts. The senior leadership team and I are committed that as we go through this process, we will do so in the most thoughtful and transparent way possible. Today, we are making changes that will result in the reduction of our overall workforce by 10,000 jobs through the end of FY23 Q3. 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.

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Microsoft Layoffs: CEO सत्या नडेला ने कंपनी के कर्मचारियों को लिखा पत्र ... (ABP News)

दुनिया की बड़ी टेक कंपनी माइक्रोसॉफ्ट के सीईओ सत्या नडेला ने अपने कर्मचारियों को पत्र ...

मतलब है कि हम कुछ क्षेत्रों में निवेश घटाकर लंबी अवधि के मद्देनजर उन क्षेत्रों में पूंजी और प्रतिभा दोनों में निवेश कर सकते है. पहली यह कि ग्राहकों ने महामारी के दौरान डिजिटल सामग्री पर अपने खर्चों को तेजी से बढ़ाया था, लेकिन अब वह इसमें बदलाव कर रहे हैं और कम खर्च में अधिक काम करना चाह रहे हैं. कंपनी के भारतीय मूल के सीईओ सत्या नडेला (CEO Satya Nadella) ने इस मामले में अपने कर्मचारियों को पत्र लिखकर इस बात की पुष्टि की है. विश्व की सबसे बड़ी टेक कंपनियों में से एक माइक्रोसॉफ्ट (Microsoft Layoff) ने इस साल अपने 10,000 कर्मचारी को बाहर का रास्ता दिखा दिया है. गूगल (Google) और फेसबुक (Facebook) कंपनी ने अपने हजारों कर्मचारियों को बाहर कर दिया है और अब माइक्रोसॉफ्ट (Microsoft) भी इस सूची में शामिल हो गई है. जानिए माइक्रोसॉफ्ट में भारतीय मूल के सीईओ सत्या नडेला (CEO Satya Nadella) ने अपने कर्मचारियों से क्या है...

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Image courtesy of "Economic Times"

Microsoft to lay off 10000 employees, Amazon to cut staff in US ... (Economic Times)

Amazon will cut some jobs in the United States, Canada and Costa Rica on January 19 as part of its plan to lay off 18000 employee.

[Subscribe](https://economictimes.indiatimes.com/subscription?newslettertype=div_3125&email=2&utm_source=newsletter&utm_medium=email&utm_campaign=DailyTop5)to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox. [technology](https://economictimes.indiatimes.com/tech)and [startup news](https://economictimes.indiatimes.com/tech/startups)that matters. [Tata Tech Starts Work on IPO to Raise up to ₹4k Cr](/epaper/delhicapital/2023/jan/19/et-front/tata-tech-starts-work-on-ipo-to-raise-up-to-4k-cr/articleshow/97105108.cms) [14 Chinese Suppliers to Apple Get Nod to Make in India Via JV Route](/epaper/delhicapital/2023/jan/19/et-front/14-chinese-suppliers-to-apple-get-nod-to-make-in-india-via-jv-route/articleshow/97105099.cms) [Amazon will cut some jobs in the United States, Canada and Costa Rica on January 19](https://economictimes.indiatimes.com/tech/technology/amazon-to-lay-off-staff-in-u-s-canada-and-costa-rica-by-end-of-day/articleshow/97100267.cms)as part of its plan to lay off 18,000 employees, according to a Reuters report. [Microsoft](/topic/microsoft)on Wednesday said it [plans to slash close to 10,000 jobs or nearly 5% of its workforce](https://economictimes.indiatimes.com/tech/technology/update-3-microsoft-to-cut-thousands-of-jobs-across-divisions-reports/articleshow/97075868.cms)by the end of the third quarter of fiscal 2023 in an attempt to save $1 billion in costs.

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Image courtesy of "Fortune"

Amazon and Microsoft's big layoffs aren't solving the talent shortage ... (Fortune)

The pool of tech talent isn't as deep as it seems, says EY CEO Carmine Di Sibio. So what's happening with the thousands of laid off tech workers?

And, The Information reported in November, the search engine polymath was recasting performance review practices in order to identify roughly [10,000 employees it considered “low performers”](https://fortune.com/2022/11/23/google-toughening-performance-reviews-employees-fear-layoffs/) in terms of their impact on the company’s bottom line. And 37% of laid-off tech workers got a new job in less than one month. Even [putting employees out of work](https://fortune.com/2022/09/30/what-its-like-for-tech-employees-who-survive-layoffs-at-company/). The likes of Meta, Tech companies ahead of the holiday period wrapped up the year with a lot of painful belt tightening. January isn’t even over yet, and it’s already the second-highest monthly total for the tech sector since September 2015—a year when many companies were forced to contend with changing trends and a pivot or die mentality.

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Image courtesy of "India Today"

Indian Microsoft employee laid off after 21 years of service, says it is ... (India Today)

Microsoft layoffs: An Indian man has been fired by the company even after giving 21 years of his life to Microsoft. He says the layoff news is hitting him ...

Kamani worked for this tech company for more than 15 years and then moved to another company for a brief period. One of them is an Indian man who has been fired by the company even after giving 21 years of his life to Microsoft. Microsoft was my first job after college, and I still remember coming over to a foreign land all nervous and excited, wondering what life has in store for me. After working for over 21 years at Microsoft, in multiple roles, multiple organizations, as an IC and as a manager, client, hybrid and services software, V1 products and V10+, UX, backend, and everything in between, I can truly say it’s been very fulfilling and rewarding, “ he wrote on LinkedIn. Kamani was a Principal Software Development Manager at Microsoft and he was asked to leave. He asserted that it was a “fulfilling” and “rewarding” experience at Microsoft.

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Image courtesy of "ETCIO.com"

Microsoft to shed 10000 jobs, adding to glut of tech layoffs (ETCIO.com)

Microsoft: The layoffs add to the tens of thousands announced in recent months across the technology sector, which has downshifted following a strong growth ...

demand to host data online and handle computing in the so-called cloud. 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. law, most employers are required to report staff cuts affecting 50 or more workers at a single location.CLOUD GROWTH DECLINING Employees in China will be notified after the Chinese New Year. However, Microsoft would keep hiring in "strategic areas," he said. "At the same time, the next major wave of computing is being born with advances in AI."

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