Microsoft to cut 10,000 jobs by end of March

Firm says layoffs will result in a charge of $1.2bn in its second quarter

Microsoft has said it will cut 10,000 jobs by the end of March, in the latest sign that layoffs are accelerating in the US tech sector as companies brace for an economic downturn.

The layoffs will result in a charge of $1.2bn in the second quarter of its fiscal year, Microsoft said.

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Firm says layoffs will result in a charge of $1.2bn in its second quarter
Microsoft has said it will cut 10,000 jobs by the end of March, in the latest sign that layoffs are accelerating in the US tech sector as companies brace for an economic downturn.
The layoffs will result in a charge of $1.2bn in the second quarter of its fiscal year, Microsoft said. Continue reading…Technology | The Guardian

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