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Microsoft Confirms 10,000 Layoffs Amid Recession, Plans to Invest Heavily in AI

Yesterday we reported that Microsoft may announce the retirement of 10,000 positions this week.In a note sent today (opens in new tab) To all Microsoft employees, CEO Satya Nadella confirmed the disappointing news.

To put the layoffs in perspective, Nadella explained:[We’re] With some parts of the world in recession and recessions expected in others, we are seeing organizations across all industries and geographies paying attention … As a company, we are: We must invest in long-term opportunities while striving for sustained results. “

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