Microsoft Confirms 10,000 Layoffs Amid Recession, Plans to Invest Heavily in AI
We reported yesterday that Microsoft could announce the elimination of 10,000 positions this week. Today, in a memo sent out (opens in new tab) to all Microsoft employees, CEO Satya Nadella confirmed the disappointing news. To put the layoffs into perspective, Nadella explained, “[We’re] seeing organizations in every industry and geography exercise caution as some…
