Trusted Reviews is supported by its audience. If you purchase through links on our site, we may earn a commission.Learn more.
Microsoft reportedly set to cut thousands of jobs today
In This Article
Microsoft is reportedly set to cut thousands of jobs at some point today.
Sky Newsissued a report last night claiming that Microsoft was considering cutting around 5% of its workforce, which would work out to around 11,000 jobs if accurate. One analyst source claims that the figure could be even higher.
A couple of publications have since confirmed these claims, and have added the detail that Microsoft could announce the cuts some time today.
The predicted announcement is seemingly being timed to come ahead of Microsoft CEO Satya Nadella updating investors on the company’s financial performance on January 24. Some analysts have predicted that Microsoft’s figures are set to disappoint investors, which would certainly tally with a pre-emptive staff cull.
News of the latest Microsoft jobs cut comes amidst a slowing global economy, and follows on from an ill-fated hiring spree that the tech industry embarked upon over the pandemic as demand spiked.
In a CNBC interview aired at the beginning of the year, Nadella warned that the tech industry was in for two more years of challenging conditions, referencing the recession that was affecting parts of the world.
Microsoft already laid off around 1% of its workforceback in October. The company’s latest staff cull would follow on from Amazon announcing around 18,000 job cuts earlier this month, which amounts to around 6% of its total workforce.
The likes ofMeta(formerly Facebook), Sony, and Google’s parent company Alphabet have all cut large numbers of staff in recent months.
You might like…
Jon is a seasoned freelance writer who started covering games and apps in 2007 before expanding into smartphones and consumer tech, dabbling in lifestyle and media coverage along the way. Besides bein…
Founded in 2003, Trusted Reviews exists to give our readers thorough, unbiased and independent advice on what to buy.
Today, we have millions of users a month from around the world, and assess more than 1,000 products a year.
Editorial independence means being able to give an unbiased verdict about a product or company, with the avoidance of conflicts of interest. To ensure this is possible, every member of the editorial staff follows a clear code of conduct.
We also expect our journalists to follow clear ethical standards in their work. Our staff members must strive for honesty and accuracy in everything they do. We follow the IPSO Editors’ code of practice to underpin these standards.
Why trust our journalism?
Founded in 2003, Trusted Reviews exists to give our readers thorough, unbiased and independent advice on what to buy.
Today, we have millions of users a month from around the world, and assess more than 1,000 products a year.
Editorial independence means being able to give an unbiased verdict about a product or company, with the avoidance of conflicts of interest. To ensure this is possible, every member of the editorial staff follows a clear code of conduct.
We also expect our journalists to follow clear ethical standards in their work. Our staff members must strive for honesty and accuracy in everything they do. We follow the IPSO Editors’ code of practice to underpin these standards.
