Corrected: Microsoft to cut 10k jobs, about 5% of workforce, and take $1.2B restructuring charge

BREAKING NEWS

Correction: Microsoft's job cuts will take place between now and the end of March. An earlier email gave an incorrect timeline due to a reporting error.

Citing a need to “align our cost structure with our revenue and where we see customer demand,” Microsoft CEO Satya Nadella told employees this morning that the company will cut 10,000 jobs between now and the end of March. The layoffs represent about 5% of Microsoft’s workforce of more than 220,000 employees.

READ THE STORY
Follow @geekwire for updates. Send us a news tip. Share our newsletter.
Forward to Friend Forward to Friend
Share Share
Tweet Tweet
Share Share
Copyright © 2023 GeekWire LLC, All rights reserved.
You are receiving this email because you opted to receive emails from GeekWire.

Our mailing address is:
GeekWire LLC
123 NW 36th St
Suite 203
Seattle, Washington 98107

Add us to your address book


unsubscribe from this list    update subscription preferences 

Key phrases

Older messages

Microsoft and Amazon job cuts mark new phase for tech industry

Friday, January 20, 2023

Ear-cleaning device heads to market | Fireball lights up skies over Seattle ADVERTISEMENT GeekWire SPONSOR MESSAGE: Experience Smartsheet ENGAGE 2022 with GeekWire Studios: Watch multiple interviews

GeekWire Mid-Week Update

Friday, January 20, 2023

Read the top tech stories so far this week from GeekWire Top stories so far this week Earwax-removal device heads to market with $8M, FDA clearance and a viral TikTok video The man clicks a button on a

Filing: Amazon layoffs will impact at least 2,300 employees in Seattle region

Friday, January 20, 2023

Breaking News from GeekWire GeekWire.com | View in browser BREAKING NEWS At least 2300 Amazon employees in the Seattle region are losing their jobs as part of the company's layoffs, according to a

A rough week for the Seattle tech industry | Amazon ends AmazonSmile charity program

Friday, January 20, 2023

Tech Moves | Lawmakers target robocalls ADVERTISEMENT GeekWire SPONSOR MESSAGE: Experience Smartsheet ENGAGE 2022 with GeekWire Studios: Watch multiple interviews and partner profiles here! TODAY'S

Microsoft weighs $10B investment in ChatGPT maker OpenAI

Tuesday, January 10, 2023

Peering deep into the cellular universe | Amazon expands 'Buy with Prime' program ADVERTISEMENT GeekWire SPONSOR MESSAGE: EVOLVE 401(k): The retirement plan for business that dream big: Enhance

You Might Also Like

☕️ The halvening

Friday, April 19, 2024

Caitlin Clark's eight-figure Nike payday… April 19, 2024 View Online | Sign Up | Shop Morning Brew PRESENTED BY Aura Health Good morning. While you were sleeping… Israel reportedly struck Iran in

EU tells Meta it can't paywall privacy [Fri Apr 19 2024]

Friday, April 19, 2024

Hi The Register Subscriber | Log in The Register {* Daily Headlines *} 19 April 2024 facebook EU tells Meta it can't paywall privacy Platforms should not confront users with 'binary choice'

What A Day: Fury selection

Friday, April 19, 2024

Lawyers in Trump's Manhattan hush money trial have assembled a jury. God help them. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

🛑 Stop, collaborate, and listen to the sound of yourself clicking these sweet links

Friday, April 19, 2024

Fun stuff to click on, watch, and read from CreativeMornings HQ. April 18, 2024 Open in new tab Did a friend forward this? Subscribe today. Speech bubble logo with the words, CreativeMornings "If

My Relentless Journey to Find the Perfect White Tee

Friday, April 19, 2024

Here's What You Missed on the Strategist The Strategist Every product is independently selected by editors. If you buy something through our links, New York may earn an affiliate commission. My

How To Profit From The Upcoming Bitcoin Halving

Thursday, April 18, 2024

Exclusive offer to join Forbes Crypto Advisor View in browser Did you attend Decoding Bitcoin Halving 2024? Now's your chance to ACT on the insights! The clock is ticking. Tomorrow, April 19,

Why Are Republicans Suddenly Sounding So Pro-Choice?

Thursday, April 18, 2024

Columns and commentary on news, politics, business, and technology from the Intelligencer team. Intelligencer life after roe Why Are Republicans Suddenly Sounding So Pro-Choice? Maybe it's because

All printers suck

Thursday, April 18, 2024

But this one sucks the least ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Friday Briefing: India’s election begins

Thursday, April 18, 2024

Also, new Western sanctions on Iran, and China's sinking cities. View in browser|nytimes.com Continue reading the main story Ad Morning Briefing: Asia Pacific Edition April 19, 2024 Author Headshot

Johnson Comes Around

Thursday, April 18, 2024

Ukraine Aid, Jury Doody ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏