Microsoft Cuts 10,000 Employees

Cole Blubaum

There seems to be a pattern in large media companies lately, and it circles around mass layoffs. Almost every franchise you can imagine has recently had some sort of a termination period, and it’s currently Microsoft’s turn on the chopping block. Announced on the morning of Jan. 18, 2023, the tech savvy business is planning to cut off nearly 10,000 jobs as well as those employed in said positions. There are a multitude of reasons that companies choose to do this, and Microsoft is no different.

Primarily stemming from the COVID-19 pandemic, many businesses have taken the path of termination. This is also an effect due to the economic crisis particularly striking in 2022. In Microsoft’s case, “It will affect up to 5 percent of its global workforce and cost the business $1.2 billon in severance and reorganization costs,” reported by technology editor Zoe Kleinman. Microsoft has chosen to properly exercise caution in their workforce which means keep and a position may be challenging and job openings will be slimmer. 

Playing it safe, the multi-billion dollar company intends to keep its vital roles in office. As for when these layoffs will be put into place, many will be notified immediately. Microsoft intends for all 10,000 of these employee eliminations to be complete by the end of the third quarter of 2023.