Microsoft is laying off 10,000 workers amid tech downturn

(NEW YORK) -- Microsoft said it will lay off 10,000 employees this year, the latest tech firm to slash jobs as the sector contracts after a pandemic-era boom.The layoffs will affect nearly 5% of Microsoft's global workforce, the company said."As we saw customers accelerate... Read More.

Microsoft lays off nearly 1,000 employees

(NEW YORK) -- Microsoft announced layoffs on Monday for nearly 1,000 employees worldwide, the company confirmed to ABC News.The move marks the latest sign of weakness among some of the largest U.S. tech companies amid persistent inflation, recession fears and stock market woes.This year,... Read More.