#Microsoft layoffs

Both 2022 and the first half of 2023 have seen several layoffs and job cuts in the tech industry. While layoffs and job cuts in any industry are not unexpected (especially with global inflation and a looming recession), what makes these tech layoffs so shocking is the fact that they have happened not just to smaller tech startups or tech businesses, but also to the biggest tech companies in the world. Big Tech Layoffs of 2022-2023 Google / Alphabet Inc. Microsoft On January 20, software company Microsoft also announced a major reduction in the overall workforce of the company that would affect about 10,000 Microsoft jobs globally. Microsoft CEO Satya Nadella said that the surge in customer spending during the pandemic had also slowed down, causing the job cut that totals roughly 5% of Microsoft's whole workforce. Yahoo The layoffs also didn't spare multinational tech company Yahoo, as they also decided to let go of around 1,700 employees (which amounts to 20% of its current workforce) early this year. He, however, admitted that he "was too ambitious in investing ahead of [Spotify's] revenue growth," pinpointing it as the main reason for the layoffs. Pinterest Image-sharing social media platform Pinterest also announced layoffs of around 150 people this February (less than 5% of its workforce). Read more in our articles including "Big Tech Layoffs of 2022-2023" and "Microsoft to end Adobe Flash support for Windows 10 in July".