Microsoft will cut 10,000 jobs in response to decreasing demand after the pandemic, its CEO said in a note to employees Wednesday.
The announcement comes after tens of thousands of job cuts across the technology sector. The layoffs are a response to decreased spending in cloud computing after the COVID-19 pandemic, Microsoft said: “First, as we saw customers accelerate their digital spend during the pandemic, we’re now seeing them optimize their digital spend to do more with less.”
