Difficult but necessary, says Nadella as Microsoft plans to cut 10,000 jobs

He said that the company would invest in strategic areas for the future by allocating both capital and talent

Microsoft will cut nearly 10,000 jobs from its engineering division, according to CEO Satya Nadella’s communication to the employees released on a blogpost. Microsoft joins the list of tech giants that have fired employees recently.

“Today, we are making changes that will result in the reduction of our overall workforce by 10,000 jobs through the end of FY23 Q3. This represents less than 5 percent of our total employee base, with some notifications happening today”, Nadella wrote in the post.

Further, he said that the company would invest in strategic areas for the future by allocating both capital