The "wave of layoffs" has swept through the US technology industry, with Microsoft announcing that it will cut 10,000 jobs

Thanks to CTOnews.com netizen XYGJ for the clue delivery! CTOnews.com, January 19 (Reuters)-Microsoft said on Wednesday that it would cut 10, 000 jobs by the end of the third quarter of fiscal 2023, the latest sign of accelerated layoffs in the US technology industry.

Microsoft said layoffs and costs related to hardware mix and other changes would result in expenses of $1.2 billion (currently about 8.124 billion yuan) in the second quarter of fiscal 2023, with a negative impact on earnings per share of 12 cents.

Satya Satya Nadella, Microsoft's chief executive, said in a note to employees that customers wanted to "optimize their digital spending and do more with fewer resources" and "be cautious when there is a recession in some parts of the world and in others".

Microsoft said in July last year that it had cut a small number of jobs. According to Axios, fewer than 1000 employees have been laid off in several Microsoft divisions.

CTOnews.com has reported that earlier yesterday, Microsoft denied plans to cut tens of thousands of jobs in its engineering and human resources departments. A Microsoft spokesman denied the claim in an email to tech blog Gizmodo, saying reports that the company was about to lay off workers were "rumors". "like all companies, we regularly evaluate our business priorities and make structural adjustments accordingly," the spokesman said. "

Related readings:

"Microsoft denies plans to cut 11000 jobs."