Job

Computing giant will cut 5 per cent of worldwide workforce, according to reports.

Please limit your submissions to 400 words or less. Given the wider downturn in the tech sector, are you optimistic about job prospects elsewhere? How concerned are you about possible redundancies?

Microsoft Corporation (NASDAQ:MSFT) will reportedly cut 11000 jobs from this week, following fellow tech firms Twitter, Meta...

[axed 11,000 staff](https://www.proactiveinvestors.co.uk/companies/news/997832/facebook-owner-meta-axes-11-000-jobs-as-zuckerberg-admits-he-got-it-wrong-997832.html) in November, a sign of over-investment made during the Covid-19 pandemic, according to owner [ Mark Zuckerberg](https://www.proactiveinvestors.co.uk/companies/news/997832/facebook-owner-meta-axes-11-000-jobs-as-zuckerberg-admits-he-got-it-wrong-997832.html). [cutting 18,000 jobs in early January](https://www.proactiveinvestors.co.uk/companies/news/1002459/amazon-to-cut-18-000-jobs-as-tech-sector-purges-continue-1002459.html), following [10,000 redundancies it made last November](https://www.proactiveinvestors.co.uk/companies/news/998307/amazon-com-set-to-axe-10-000-jobs-new-york-times-998307.html). [the situation is not yet easing for tech firms](https://www.proactiveinvestors.co.uk/companies/news/998404/twitter-meta-and-amazon-mass-job-cuts-mismanagement-or-sign-of-economic-downturn-998404.html), which have been forced to refocus on high-growth areas amid the global economic downturn. [thousands of staff cut](https://www.proactiveinvestors.co.uk/companies/news/998089/twitter-bankruptcy-not-off-the-table-elon-musk-reveals-998089.html) as part of new owner Elon Musk's "extremely hardcore" shake-up. [Microsoft Corporation (NASDAQ:MSFT)](https://www.proactiveinvestors.com/NASDAQ:MSFT/Microsoft-Corporation/) will reportedly cut 11,000 jobs from this week, following fellow tech firms [Meta Platforms](https://www.proactiveinvestors.com/NASDAQ:FB/Meta-Platforms-Inc/) and Amazon in reducing its workforce. It will lay off staff in its engineering and human resources divisions, according to reports from Sky News and Bloomberg, amounting to 5% of its total employees.

Microsoft could announce thousands of job cuts on Wednesday, according to multiple news reports, potentially becoming the latest tech company to cull its ...

Facebook [(FB)](https://money.cnn.com/quote/quote.html?symb=FB&source=story_quote_link) parent Meta also recently announced 11,000 job cuts, the largest in the company’s history. While the overall labor market remains tight, layoffs in the tech sector have mounted at a staggering pace. The [Wall Street Journal](https://www.wsj.com/articles/microsoft-plans-to-announce-layoffs-as-early-as-wednesday-morning-11674001917), also citing a person familiar with the matter, said the layoffs could be announced as soon as Wednesday. [(AMZN)](https://money.cnn.com/quote/quote.html?symb=AMZN&source=story_quote_link) announced that it plans to lay off 18,000 people and Salesforce said it is cutting 10% of its staff. [Bloomberg](https://www.bloomberg.com/news/articles/2023-01-17/microsoft-to-cut-jobs-in-engineering-divisions-this-week?sref=VYQZzSZK), which cited a person familiar with the matter. Multiple tech companies have made deep cuts to their workforces since the start of the year, as inflation weighs on consumer spending and rising interest rates squeeze funding.

With Microsoft and Amazon sacking more employees, tough times continue to the tech industry in 2023. Here's a closer look at all the job cuts that the tech ...

[Meta had cut around 13 per cent of its workforce back in November](https://indianexpress.com/article/technology/tech-news-technology/meta-to-cut-more-than-11000-jobs-in-one-of-biggest-us-layoffs-this-year-8258914/) as 11,000 people were impacted. [that will impact around 20 per cent of the company’s workforce](https://indianexpress.com/article/technology/google-backed-sharechat-confirms-lay-offs-says-around-400-employees-will-lose-jobs-8384472/). Twitter under Elon Musk saw [nearly half of its workforce (close to 3500 people) gone](https://indianexpress.com/article/technology/tech-news-technology/twitter-fires-more-than-90-of-india-staff-leaving-just-a-dozen-8254583/), and the sackings have continued more or less since the takeover. Chipmaker [Intel also plans similar job cuts](https://indianexpress.com/article/business/companies/intel-corp-job-cuts-layoffs-personal-computer-market-slowdown-8203588/), which will take place over the years. [Cisco](https://indianexpress.com/about/cisco/) systems plan to cut 5 per cent of jobs as well. [Microsoft, which is reportedly planning to cut jobs](https://indianexpress.com/article/technology/microsoft-to-cut-engineering-jobs-this-week-as-layoffs-go-deeper-8388520/) in the engineering division. [November last year that Amazon would sack 10,000 employees](https://indianexpress.com/article/world/amazon-plan-lay-off-people-report-8268451/) as part of its restructuring and cost-cutting measures. Byju’s– which was once the world’s most valued startup– announced in October that it would cut 2500 jobs, which would impact 5 per cent of its workforce. This is the third round of sacking as even in December 2022 the company had cut 2300 jobs, and back in May 2020 as well. In India, too tech startups have continued with similar measures, with [ShareChat being the latest to join the fray](https://indianexpress.com/article/technology/google-backed-sharechat-confirms-lay-offs-says-around-400-employees-will-lose-jobs-8384472/). [According to a Bloomberg report](https://indianexpress.com/article/technology/microsoft-to-cut-engineering-jobs-this-week-as-layoffs-go-deeper-8388520/), Microsoft plans job cuts in key engineering divisions, though the exact number of people who will be impacted is not clear. Amazon has also seen a slowdown in demand and a drop in revenue, which has sparked the measures.

The latest job cuts come just months after Microsoft announced less significant layoffs in October amid economic headwinds.

And on top of it, there is a real recession in some parts of the world.” “We will continue to invest in our business and hire in key growth areas in the year ahead.” [CNBC](https://youtu.be/mroV4MgsiRA), CEO Satya Nadella admitted Microsoft wasn’t “immune to the global changes” and spoke of the need for tech companies to be efficient. [Amazon](https://www.siliconrepublic.com/business/amazon-job-cuts-layoffs), [Salesforce](https://www.siliconrepublic.com/business/salesforce-cut-staff-worldwide) and [Citrix](https://www.siliconrepublic.com/business/citrix-jobs-cuts-layoffs-cloud-software-group-tibco-dublin) announced significant job cuts. [Axios](https://www.axios.com/2022/10/18/microsoft-layoffs-latest-tech-firm-cuts) at the time. [acquired by Microsoft in 2016](https://www.siliconrepublic.com/business/microsoft-linkedin) for $26bn.

Microsoft could soon announce major jobs cuts -- across as much as 5% of its global workforce, according to news reports. SkyNews reports that Microsoft is ...

[shrinking PC sales](https://www.zdnet.com/article/no-one-wants-to-buy-a-pc-right-now-and-prices-are-falling/) as consumers and businesses tighten their belts amid high inflation. And Twitter under Elon Musk [has cut its workforce by over 3,000](https://www.zdnet.com/article/the-layoffs-are-starting-at-elon-musks-twitter/), representing half of its former headcount. [18,000 job cuts this month, and Salesforce](https://www.zdnet.com/home-and-office/work-life/amazon-is-cutting-a-massive-18000-jobs-in-uncertain-economy/), which cut 8,000 roles. In July 2014, when it had a headcount of 130,000, the company Facebook parent Meta also [slashed 11,000 roles in November](https://www.zdnet.com/article/mark-zuckerberg-memo-meta-is-cutting-11000-jobs-today/) -- its first ever reductions since Facebook launched in 2004. However, Windows revenues have been hit by a strong US dollar and

Facebook parent Meta announced widespread job cuts last fall, and beleaguered social network Twitter Inc. has slashed about half its workforce. Corporate cloud- ...

Former Chelsea manager Thomas Tuchel would be interested in coaching Tottenham Hotspur if Antonio Conte leaves his post at the helm.

[ Evening Standard](https://www.standard.co.uk/sport/football/tuchel-tottenham-conte-chelsea-fc-b1053818.html) have revealed that former Chelsea boss Tuchel would be interested in the role, despite his previous allegiances. AND WHAT'S MORE: However, fan sentiment may change should Tuchel make the short trip north to Tottenham, Chelsea's long-standing rivals. The gap between rivals and league leaders Arsenal stretched to 14 points after

The most common interview questions are assumed to be the easiest to practise but they may be challenging to answer if you're not sure how to.

This will all depend on where you are in your career and the type of job you are applying for. It’s difficult to deny the impact of a 10% rise in revenue, 400 additional email subscribers, and so on. You must define whatever skill they are searching for and provide an example that demonstrates your expertise in your response. In any profession, we have an impact – on the results we produce, on our colleagues, on the clients we serve, and so on. The opening of this question indicates that it is evaluating your competency. Here are the 7 most common interview questions and how you should answer them according to job portal, s1jobs:

This new law requires all employers with 15 or more employees to disclose in their recruitment advertisements the wage scale or salary range for each job ...

[RCW 49.58.110](http://app.leg.wa.gov/RCW/default.aspx?cite=49.58.110)(4) provides remedies for employer violations of the compensation and benefits transparency requirements of this statute. See [RCW 49.58.070](http://app.leg.wa.gov/RCW/default.aspx?cite=49.58.070). Job applicants and/or employees may pursue a complaint with the Director of L&I (see [RCW 49.58.060](https://app.leg.wa.gov/rcw/default.aspx?cite=49.58.060)) or bring a civil lawsuit for damages and/or injunctive relief. [Subsection 5.1](https://lni.wa.gov/workers-rights/_docs/ese1.pdf#page=5) of the policy (see page 5) includes this clarifying section: A wage scale or salary range should provide the applicant with the employer’s most reasonable and genuinely expected range of compensation for the job. Electronic job postings need not contain all the compensation and benefits information if links are included in the postings that point to more detailed required information and examples. A general description of all benefits and other compensation to be offered to a successful candidate must also be included in these job postings. Their [fact sheet](https://lni.wa.gov/workers-rights/_docs/EPOA-Consultationfactsheet.pdf) offers more details about the consultation process. This new law requires all employers with 15 or more employees to disclose in their recruitment advertisements the wage scale or salary range for each job opening. Please review this policy for more details, as the intent of this blog is to summarize the new requirements. [Chapter 49.58 RCW](http://app.leg.wa.gov/RCW/default.aspx?cite=49.58), prohibits gender pay discrimination and promotes workplace fairness by addressing employment practices that contribute to gender-based income disparities. As of January 1, there are new legal requirements for compensation transparency in job postings of most public and private employers.

It has been revealed how Thomas Tuchel would feel about coming Spurs manager after leaving Chelsea earlier this season.

[Thomas Tuchel](https://www.thechelseachronicle.com/tag/thomas-tuchel/) would be open to taking the Tottenham job if Antonio Conte leaves. He is certainly yet to be forgotten at Stamford Bridge. [Graham Potter, who ousted the likes of Mauricio Pochettino to the job after the sacking.](https://www.thechelseachronicle.com/news/report-50-year-old-manager-wants-the-chelsea-job-if-potter-is-sacked-john-terry-has-apologised-to-him-before/) [Reports have linked him with a job as the manager of England,](https://www.thechelseachronicle.com/world-cup/report-thomas-tuchel-interested-in-reunion-with-several-chelsea-players-in-managerial-role-next-year/) with Gareth Southgate’s future undecided following a disappointing quarter-final knockout in the World Cup. [Carney Chukwuemeka.](https://www.thechelseachronicle.com/tag/carney-chukwuemeka/) [According to the Evening Standard, ](https://www.standard.co.uk/sport/football/tuchel-tottenham-conte-chelsea-fc-b1053818.html?utm_medium=Social&utm_source=Twitter)the German would be keen in following in Jose Mourinho’s footsteps of managing both Chelsea and Spurs.

The law provides that employers must disclose in each posting for each job opening the wage scale or salary range and a general description of all benefits and ...

Computing giant, which employs about 3500 people in Ireland, plans to cut its workforce worldwide.

In October, news site Axios reported that Microsoft had laid off under 1,000 employees across several divisions. Let us know by filling in the form below Amazon too is aiming to cut about 18,000 staff globally while Salesforce, Zendesk and Intercom have laid off staff too. It is not yet clear if LinkedIn will be impacted by the job cuts. In 2020 it This level of cuts would equate to about 175 jobs in Ireland.

The latest swathe of job cuts by one of the world's biggest technology companies could see a significant number of posts axed around the world, according to a ...

Microsoft Plans 10,000 Job Cuts, To Take $1.2 Billion Charge · Move will reduce second-quarter EPS by 12 cents, company says · Nadella says company will hire in ' ...

and is forecast to post its slowest revenue increase in six years. The company will take a $1.2 billion charge in the second fiscal quarter related to the move, which will shave 12 cents off of earnings per share, the company said in a corporate filing. The layoffs come as the software giant said it’s seeing customers exercise caution, with some parts of the world in recession and others heading toward one.

Microsoft Corp said it plans to cut 10,000 jobs, or about 5% of its workforce this year, taking steps to cope with an increasingly bleak outlook that has ...

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For ambitious financial services professionals lacking development opportunities, January is often the month to quit their jobs, with 21 January the most ...

“Given the pressures of the financial services sector, the investment of time and effort is huge – so crucial training is either sub-optimal or neglected entirely.” “We’re here to fill a gap in the market,” says Winfield. When a need is identified, it’s hard to find the right course and the best trainer to offer it.” Winfield adds that there are even inefficiencies within firms, since finding training is often the responsibility of the HR team, who might not understand their people’s training needs exactly. “Our revenue model is to take a small commission from trainers, who agree not to inflate the prices they offer on the platform, so Skillfully is completely costless for users. The platform features an ever-growing variety of carefully selected in-person and online courses from top training providers, such as large organisations – like ASISA Academy and Growth in Motion – and individual specialists. According to research cited by McKinsey, 94% of current employees would stay longer at their firm if it invested meaningfully in their career development.” [[3]](https://mail.google.com/mail/u/1/#m_3953345008702018143__ftn3) “No matter who’s looking for the training, it can be an exhausting process and an administrative burden for everyone involved,” says Winfield. [[2]](https://mail.google.com/mail/u/1/#m_3953345008702018143__ftn2) According to new training platform [Skillfully](http://www.skillfully.co.za/), many financial services firms recognise this threat and acknowledge the importance of on-the-job, continuous upskilling. Skillfully has grown steadily since its launch in late 2022, adding marquee clients like Coronation and Sygnia. [[1]](https://mail.google.com/mail/u/1/#m_3953345008702018143__ftn1) The fresh perspective of a new year energises people to make big changes. The change is risky for individuals and expensive for firms: high churn hurts an organisation’s bottom line, as well as its morale. And yet, despite employers’ willingness to fund it, Fried notes that upskilling often doesn’t get done, or is done poorly, intensifying employee dissatisfaction.

Especially for lawyers who keep their profiles updated and are disciplined about networking, opportunities are promising even if openings are slower than ...

If it seems like it’s not taking a lot of work, you’re probably not doing it right.” In-house departments had a hard time competing with salaries at that level, but the environment should be more level this year because the speed of hiring is closer to normal. But if not, it should be in a summary so we can pick it up.” “I have candidates that reach out every three or six months just to stay top of mind with us,” said Nancy Palermo of Garrison and Sisson. “We’re telling our employer-clients, once you have someone you like, you should be moving quickly,” said Edina Beasley of MLA. “A lot of over-hiring of anyone who had a transactional background.

The software giant is the latest tech company to drastically cut costs to adapt to the economic downturn.

"There is a real recession in large parts of the world. [META](https://www.thestreet.com/quote/META)) - [Get Free Report](https://secure2.thestreet.com/cap/prm.do?OID=033365&ticker=META) for example, cut 11,000 jobs, a first since the social-networking giant started up in 2004. "We will continue to hire in key strategic areas," he said. This austerity effort will result in a charge of $1.2 billion in the second quarter. And so the combination of 'pull forward and recession' means we will have to adjust." "We will continue to invest in strategic areas for our future, meaning we are allocating both our capital and talent to areas of secular growth and long-term competitiveness for the company, while divesting in other areas." [said](https://www.thestreet.com/technology/microsoft-ceo-tech-faces-two-years-of-challenges) the tech industry should be prepared for the next two years to be challenging. "These are the kinds of hard choices we have made throughout our 47-year history to remain a consequential company in this industry that is unforgiving to anyone who doesn’t adapt to platform shifts." [revenue](https://www.thestreet.com/dictionary/r/revenue) and where we see customer demand." [recession](https://www.thestreet.com/dictionary/r/recession) and other parts are anticipating one." "We’re also seeing organizations in every industry and geography exercise caution as some parts of the world are in a [MSFT](https://www.thestreet.com/quote/MSFT)) - [Get Free Report](https://secure2.thestreet.com/cap/prm.do?OID=033365&ticker=MSFT).

Microsoft is cutting almost 5% of its workforce in response to what the tech giant calls 'macroeconomic conditions and changing customer priorities.'

So we will have to show our own productivity gains with our own sort of technology.” “Quite frankly, we in the tech industry will also have to get efficient, right?” Nadella said. Schwab also asked Nadella about employee loyalty to Microsoft. He emphasized the importance of building a “new computer platform” using advances in artificial intelligence. The social costs of mass layoffs are enormous. Facebook parent Meta is laying off 11,000 people, about 13% of its workforce.

Microsoft is cutting 10000 workers, almost 5% of its workforce, as it joins other tech companies in a scaling back of their pandemic-era expansions.

“Quite frankly, we in the tech industry will also have to get efficient, right?” Nadella said. So we will have to show our own productivity gains with our own sort of technology.” Microsoft declined to answer questions about where the layoffs and office closures would be concentrated. He emphasized the importance of building a “new computer platform” using advances in artificial intelligence. Also Wednesday, the U.K.-based cybersecurity firm Sophos confirmed it had laid off 10% of its global workforce – 450 employees – on Tuesday. Amazon said that it will be cutting about 18,000 positions and began notifying affected employees Wednesday in the U.S., Canada and Costa Rica, with other regions to follow, according to emails from executives.

Microsoft said it plans to cut 10000 jobs, or about 5% of its workforce this year, taking steps to cope with an increasingly bleak outlook that has now ...

[round of layoffs](https://www.bloomberg.com/news/articles/2023-01-18/amazon-is-set-for-new-round-of-job-cuts-affecting-18-000-people) ultimately affecting more than 18,000 employees in the largest job cull in its history. Microsoft said the charge will go to severance costs, “changes to our hardware portfolio” and the cost of consolidating real estate leases as the company creates higher density across its workspaces. The company will take a $1.2-billion charge in the second quarter related to the move, which will shave 12 cents off of earnings per share, the company said in a corporate filing. When it reports earnings on 24 January, Microsoft is expected to post a second-quarter sales gain of 2%. Analysts had been predicting that Microsoft, which has weathered past slowdowns without massive job cuts, would feel the pinch this year. I think we’re going to go through a phase today where there is some amount of normalisation in demand,” Nadella said in an interview at the World Economic Forum in Davos, Switzerland.

Satya Nadella told employees that Microsoft "was living through times of significant change" as he warned that 5% of headcount would go.

I want to extend my deepest thanks and gratitude to everyone who has contributed to Microsoft up to this point and to all of you who will continue to contribute as we chart our path ahead. These are the kinds of hard choices we have made throughout our 47-year history to remain a consequential company in this industry that is unforgiving to anyone who doesn't adapt to platform shifts. When I think about this moment in time, the start of 2023, it's showtime – for our industry and for Microsoft. And third, we will treat our people with dignity and respect, and act transparently. If we deliver on this, we will emerge stronger and thrive long into the future; it's as simple as that. Today, we are making changes that will result in the reduction of our overall workforce by 10,000 jobs through the end of FY23 Q3. It's important to note that while we are eliminating roles in some areas, we will continue to hire in key strategic areas. will align with the employment laws in each country. I'm confident that Microsoft will emerge from this stronger and more competitive, but it requires us to take actions grounded in three priorities. At the same time, the next major wave of computing is being born with advances in AI, as we're turning the world's most advanced models into a new computing platform. We're living through times of significant change, and as I meet with customers and partners, a few things are clear. They will be offered above-market severance pay, healthcare coverage for six months, and 60 days' notice regardless of legal obligations.

Microsoft Corp has said it will eliminate 10,000 jobs and take a $1.2bn charge as its cloud-computing customers dissect their spending and the company ...

However, Microsoft will cut far fewer jobs than it had added during the COVID-19 pandemic as it responded to a boom in demand for its workplace software and cloud computing services with so many people working and studying from home. The layoffs, announced on Wednesday and far larger than cuts by Microsoft last year, piled on to tens of thousands of job cuts across the technology sector that is long past its ceaseless growth during the pandemic. The layoffs, far larger than cuts by Microsoft last year, pile on to tens of thousands of job cuts across the tech sector.

Bank has repeatedly said the clearing of obstacles that would bolster job creation fall outside the scope of monetary policy.

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In job interviews, potential employees and managers tend to be on their best behavior. So how can a job seeker discern what their potential future boss will ...

Unlike video chats between strangers, which tend to be strictly business, the social niceties required to meet for a meal can let you know how likable a person is and whether it is easy to make conversation. Melanie Naranjo asked for face time more than a year ago when considering whether to leave a job she loved to take the post of chief people officer for Ethena, a compliance training firm. She says she wishes she had asked the manager: “What does micromanaging look like to you?” [asking sharp questions](https://www.wsj.com/articles/tough-job-interview-questions-11617232242?mod=article_inline) about how best to communicate with the manager, especially for people who will be in a different office or time zone. The manager peppered her with questions about details that Ms. Recently, a paralegal told her through tears that the hiring manager had promised a vibrant in-office culture; in reality, she is the only one who works in the office on most days. Michele Darley had years of experience as a recruiter specializing in sales when she was referred for a new job with more authority. There was the college professor who turned down a job because the managers were more interested in getting to the bar for drinking than discussing teaching philosophy. Looking back, there were clues that the manager for one of her prior roles might be a jerk. When her manager threw an object at the wall out of frustration, Ms. With much of the interview process moving to video chats during the pandemic, this has closed the window into people’s personalities that a face-to-face encounter can provide. Dunn expected to stay with the organization if hired, she says.

It has exceeded 20% for at least two decades largely due to sluggish economic growth, and strict labor laws and bureaucratic hurdles that make it difficult for ...

It has exceeded 20% for at least two decades largely due to sluggish economic growth, and strict labor laws and bureaucratic hurdles that make it difficult for local companies to hire additional workers. [third highest](https://www.bloomberg.com/news/articles/2022-11-29/south-africa-jobless-rate-drops-to-third-highest-in-the-world) on a list of 82 countries and the eurozone monitored by Bloomberg. At 32.9%, South Africa’s official unemployment rate is the

Chief executive Satya Nadella says cuts will cost $1.2bn as tech firms scale back from Covid growth.

In the case of Twitter, that was moving to "a model away from pure advertising", and for Facebook he pointed to its pursuit of the metaverse. The latest 10,000 are expected to be completed by the end of the third quarter of 2023. But Jason Wong, a tech industry analyst with consultants Gartner, warned against assuming redundancies in "enterprise" businesses like Microsoft and Amazon happened for the same reasons as the cuts by big social media firms, some of which had faced additional challenges because of "where they intend to take the business". At the start of this year, Amazon announced that it planned to cut more than 18,000 jobs because of "the uncertain economy" and rapid hiring during the pandemic. Microsoft will cut 10,000 jobs in the latest round of staff redundancies to hit the tech industry. That's not to say the sector is stagnating, though - reports suggest Microsoft is considering a $10bn investment in the company behind ChatGPT, the chatbot that's not only captivated the millions of people who have tried it out but is also predicted by some experts to be the future of search.

Amazon.com Inc. has started its biggest-ever round of jobs cuts — a culling that will ultimately affect 18000 workers around the globe.

Notifications in China will be sent after the Chinese New Year, and in other regions the company must consult with employee representatives before finalizing layoffs. Amazon began notifying employees by email early Wednesday, Doug Herrington, the company’s worldwide retail chief, said in a memo. He said the company aimed to communicate with all laid-off workers in the US, Canada and Costa Rica by the end of the day.

E-commerce giant is grappling with slowing online sales growth and bracing for a possible recession. By Matt Day and Spencer Soper, Bloomberg 18 Jan 2023 09:12.

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Amazon's HR boss and retail chief sent memos to staff Wednesday saying the company had begun eliminating jobs.

In China, we will notify employees after the Chinese New Year. Please continue to show the support and care that I so often witness here at Amazon. While it will be painful to say goodbye to many of our talented colleagues, it is an important part of a wider effort to lower our cost to serve so we can continue investing in the wide selection, low prices, and fast shipping that our customers love. Notification emails will be sent out to impacted employees shortly, and we expect all notifications in the U.S., Canada and Costa Rica to be completed by end of the day today. Role reductions are one of several steps we are taking to lower our cost to serve. And in China, we will notify employees after the Chinese New Year. We are saying goodbye to people we've worked closely with, and there is plenty of hard work ahead as your innovate on behalf of customers. It is painful and rare for us to take this step, and I know how difficult this is on the individuals impacted and their loved ones. Our goal is to make sure every impacted employee is assisted in this transition, so for example, in the U.S., we are providing packages that include a 60-day non-working transitional period with full pay and benefits, plus an additional several weeks of severance depending on the length of time with the company, a separation payment, transitional benefits, and external job placement support. The exit out of Covid this past year was challenging, with labor shortages, supply chain difficulties, inflation, and productivity overhang from growing our fulfillment and transportation networks so substantially during the pandemic, all of which increased our cost to serve. Amazon's human resources and stores divisions are likely to be among the organizations most severely impacted by the job cuts. In November, CEO Andy Jassy [said the company](https://www.cnbc.com/2022/11/17/amazon-ceo-andy-jassy-says-layoffs-will-continue-into-next-year.html) would begin eliminating roles, primarily in its devices and recruiting organizations.

Microsoft has become the latest tech giant to announce massive job cuts amid an uncertain global economy. Satya Nadella, Microsoft CEO, today sent a memo to ...

“It’s important to note that while we are eliminating roles in some areas, we will continue to hire in key strategic areas. Today, we are making changes that will result in the reduction of our overall workforce by 10 000 jobs through the end of FY23 Q3.” At the same time, the next major wave of computing is being born with advances in AI [artificial intelligence], as we’re turning the world’s most advanced models into a new computing platform.”

Microsoft is cutting 10000 workers, almost 5% of its workforce, joining other tech companies that have scaled back their pandemic-era expansions.

“Quite frankly, we in the tech industry will also have to get efficient, right?” Nadella said. Microsoft declined to answer questions about where the layoffs and office closures would be concentrated. So we will have to show our own productivity gains with our own sort of technology.” Amazon said that it will be cutting about 18,000 positions and began notifying affected employees Wednesday in the U.S., Canada and Costa Rica, with other regions to follow, according to emails from executives. He emphasized the importance of building a “new computer platform” using advances in artificial intelligence. Facebook parent Meta is laying off 11,000 people, about 13% of its workforce.

Microsoft has become the latest large tech company to reverse a pandemic-era recruitment spree in the face of a slowing economy, as it announced plans to ...

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