Microsoft lays off 10,000 workers in response to “changing customer priorities”

The recent trend of retrenchments in the tech industry has continued with Microsoft being the latest to lay off its workers. Specifically, around 10,000 employees were laid off by the tech giant.

As reported by AP News, Microsoft CEO Satya Nadella revealed in an email to employees that the layoffs represent “less than 5 per cent” of the company’s total employee base. Some notifications are happening today with a regulatory filing by the company on Wednesday clarifying that the layoffs were a response to the “macroeconomic conditions and changing customer priorities.”

Nadella confirmed that while Microsoft is eliminating roles in some areas, it will continue to hire in “key strategic areas”. The email to employees also emphasised the importance of building a “new computer platform” using AI. Besides the layoffs, Microsoft is also making changes to its hardware portfolio and consolidating its leased office locations. 

So, what do you guys think of the decision by Microsoft to let go 10,000 of its workers? Share your thoughts with us in the comments below and stay tuned to TechNave for more trending tech news.