Microsoft has started the process of laying off 10,000 employees, which is expected to last through the end of the third quarter of 2023, CEO Satya Nadella announced in a blog post.
Photo credit: JeanLuclchard / Shutterstock
The move will affect less than 5% of Microsoft’s total employee base.
“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,” Nadella said.
He added that the tech giant sees AI as “the next major wave of computing.”
Microsoft has followed similar measures taken by other global giants such as Facebook, Amazon, and Salesforce, which have collectively shed 36,000 jobs. Microsoft says the company will incur US$1.2 billion charge in Q2 related to severance costs and other consolidation efforts.
See also: Tracking layoffs across Asia’s startup ecosystem
Recently, Microsoft announced that it will add ChatGPT, OpenAI’s intelligent chatbot, to its app development suite.
Editing by Thu Huong Le and Eileen C. Ang
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