CEO Satya Nadella has now confirmed that Microsoft will lay off 10,000 employees.
that Microsoft will lay off 10,000 employees before the end of its fiscal third quarter. Nadella says Microsoft will take a $1.2 billion charge to cover severance and other costs, including"changes to our hardware portfolio," and that the company will continue to hire in key strategic areas.
"We will treat our people with dignity and respect, and act transparently," Nadella said."These decisions are difficult, but necessary. They are especially difficult because they impact people and people’s lives – our colleagues and friends. We are committed to ensuring all those whose roles are eliminated have our full support during these transitions. U.S.
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