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Microsoft To Cut 10000 Jobs As Spending Slows File photo dated April 10, 2020 of the Microsoft logo on its French headquarters building in Issy-les-Moulineaux, France. Microsoft will cut 10,000 jobs in the latest round of staff redundancies to hit the tech industry. It will affect up to 5 % of its global workforce and cost the business $ 1.2bn in severance and reorganisation costs. Microsoft chief executive Satya Nadella said that while customer spending had grown during Covid, more people were now choosing to exercise caution . He said the firm would continue to hire in key areas. Photo by David Niviere Abacapress.Com ISSY-LES-MOULINEAUX France

Microsoft To Cut 10000 Jobs As Spending Slows File photo dated April 10, 2020 of the Microsoft logo on its French headquarters building in Issy-les-Moulineaux, France. Microsoft will cut 10,000 jobs in the latest round of staff redundancies to hit the tech industry. It will affect up to 5 % of its global workforce and cost the business $ 1.2bn in severance and reorganisation costs. Microsoft chief executive Satya Nadella said that while customer spending had grown during Covid, more people were now choosing to exercise caution . He said the firm would continue to hire in key areas. Photo by David Niviere Abacapress.Com ISSY-LES-MOULINEAUX France

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Credit: ABACAPRESS

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Recording Date: Jan 19, 2023

Media Size: 4,031×2,687 Pixels

Microsoft To Cut 10000 Jobs As Spending Slows File photo dated April 10, 2020 of the Microsoft logo on its French headquarters building in Issy-les-Moulineaux, France. Microsoft will cut 10,000 jobs in the latest round of staff redundancies to hit the tech industry. It will affect up to 5 % of its global workforce and cost the business $ 1.2bn in severance and reorganisation costs. Microsoft chief executive Satya Nadella said that while customer spending had grown during Covid, more people were now choosing to exercise caution . He said the firm would continue to hire in key areas. Photo by David Niviere Abacapress.Com ISSY-LES-MOULINEAUX France

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