Microsoft to cut 10,000 jobs by end of third quarter of 2023 ;

Microsoft to cut 10,000 jobs;

Another leading Tech Giant is laying off its employees in large numbers. Microsoft has announced it will cut 10 000 jobs. 

This year some rules are expected to be eliminated in human resources and Engineering divisions the layoffs would be the latest. In the U.S technology sector companies such as Amazon and meta have already announced retrenchment exercises in response to slowing demand and a worsening global economic Outlook. 

Microsoft is latest big tech company to face a challenging economy. Microsoft has about 220 000 full-time employees the cuts are significantly larger than the other rounds that we've seen in the past year. Microsoft is under pressure to maintain growth rates at its Cloud unit Azure after several quarters of downturn in the personal computer Market heard windows and devices sales.