Microsoft set to lay off 10,000 staff in major shakedown
Microsoft has announced plans to sack 10,000 staff to trim its cost of operation and focus on other strategic options such as artificial intelligence.
Chief Executive Satya Nadella, explained that the decision was to enable the company adapt to current changes.
“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,” he said.
The multinational corporation will cut 5 per cent of it’s 221,000 global workforce.
Mr Nadella explained that customers are ‘seeking to do more with less’ and that the company will explore other strategic options like Artificial Intelligence which he described as ‘the next major wave of computing’.
The dismissals, scheduled to begin today and continue through March, is the biggest since 2014.
However, this is not the first in recent times as other big tech companies like Amazon and Meta have also laid off a percentage of their staff to cut down cost.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Heading 3
Nigerian ex-immigration officer, associate charged for accepting bribes to unlawfully approve green cards, U.S. citizenship applicationsÂ
Messrs Ganiyu and Somoye had their initial court appearances on September 2.
States
Three killed, 20 injured in Osun auto crashÂ
The state sector commander of FRSC urged motorists to recognise their responsibility towards other road users.
States
Kaduna CAN, foundation empower 411 youths with skills
The founder of the foundation said the initiative was conceived in response to unemployment.
States
NAF inaugurates water, education projects in Yobe
Mr Aneke said the NAF remained committed to supporting communities.
States
Police arrest new suspect in murder of Anambra nursing student
23-year-old Vivian Chilaka was killed on June 14.
States
Fawehinmi opened up political space for opposition: Gov Sani
The governor advised that activists, politicians and academics should gather from time to time.
