Microsoft to Layoff 10,000 Employees as Part of a Massive Cost-Cutting Initiative

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Microsoft to Layoff 10,000 Employees as Part of a Massive Cost-Cutting Initiative

Jim Hoft with The Gateway Pundit reports:

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Microsoft announced in a securities filing on Wednesday that it plans to lay off 10,000 employees as part of a massive cost-cutting initiative, making it the latest big company to reduce its workforce due to Biden’s failed policies resulting in economic disaster.

Satya Nadella, CEO of Microsoft, announced in a memo to employees that the company will begin laying off “less than 5 percent of our total employee base” by the end of the company’s fiscal third quarter, which ends in March.

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