Microsoft confirms much more task cuts on leading of 10,000 layoffs announced in January

Microsoft confirms much more task cuts on leading of 10,000 layoffs announced in January


Microsoft CEO Satya Nadella arrives at court docket in San Francisco on June 28, 2023.

Philip Pacheco | Bloomberg | Getty Photos

Microsoft confirmed on Monday that it is eliminating extra employment, a week just after the get started of its 2024 fiscal calendar year.

The cuts are in addition to the downsizing announced in January that resulted in 10,000 layoffs. The computer software maker also disclosed a smaller range of cuts this time final year. GeekWire reported on the most recent cuts before on Monday.

Amazon, Google and other massive technological know-how corporations have also scaled back again this calendar year after incorporating headcount swiftly to fulfill rising desire through the Covid pandemic. Microsoft has claimed in current months that clients are on the lookout for ways to help save cash on their cloud computing bill.

A Microsoft spokesperson declined to specify the quantity of cuts in the latest spherical. In January, CEO Satya Nadella issued a memo, indicating that the firm would adjust up its hardware lineup and consolidate leases.

Microsoft filed a notice on Monday stating it would reduce 276 people today in its home state of Washington. Of these, 66 are digital.

Salespeople and consumer-results reps posted messages on social networks to announce that they their lost their work.

“Organizational and workforce adjustments are a necessary and regular section of taking care of our organization,” the spokesperson mentioned in an e mail. “We will carry on to prioritize and make investments in strategic expansion areas for our foreseeable future and in guidance of our customers and partners.”

Check out: Microsoft’s generative AI posture leaves room for expansion, suggests Morgan Stanley’s Keith Weiss

Microsoft's generative AI position leaves room for growth, says Morgan Stanley's Keith Weiss



Supply

Trump says he talked to Apple CEO Tim Cook after China tariff rollback
Technology

Trump says he talked to Apple CEO Tim Cook after China tariff rollback

Apple CEO Tim Cook, center, watches during the inauguration ceremonies for President Donald Trump, right, and Vice President JD Vance, left, in the rotunda of the U.S. Capitol in Washington, Jan. 20, 2025. Shawn Thew | Afp | Getty Images President Donald Trump said Monday that he talked to Apple CEO Tim Cook after the […]

Read More
Eric Trump’s American Bitcoin going public in latest crypto move by president’s family
Technology

Eric Trump’s American Bitcoin going public in latest crypto move by president’s family

The bitcoin mining company backed by President Donald Trump’s sons, Eric Trump and Donald Trump Jr., is set to go public on the Nasdaq through an all-stock merger with Gryphon Digital Mining. Shares of Gryphon were up more than 300% Monday. The combined company, American Bitcoin, will trade under the ticker symbol “ABTC,” with the […]

Read More
KindlyMD shares skyrocket 600% after merger with Trump crypto advisor David Bailey’s bitcoin investment company
Technology

KindlyMD shares skyrocket 600% after merger with Trump crypto advisor David Bailey’s bitcoin investment company

People walk past an advertisement feature Donald Trump with Bitcoin in Hong Kong.  May James | Lightrocket | Getty Images Shares of KindlyMD skyrocketed 600% Monday after the healthcare company announced a merger with Nakamoto Holdings, a bitcoin investment company founded by David Bailey, a key cryptocurrency advisor to President Donald Trump. The newly formed […]

Read More