Microsoft Microsoft is laying off 10,000 employees by the end of third quarter of fiscal 2023, the latest sign that layoffs are accelerating in the U.S. technology sector as companies brace for an economic downturn. The Redmond, Washington-based software giant said it will also be making changes to its hardware portfolio and consolidating its leased office locations. The Satya Nadella-led firm is also grappling with a slump in the personal computer market after a pandemic boom fizzled out, leaving little demand for its Windows and accompanying software. Microsoft’s layoffs are not unique in the tech industry or any other industry at this time. An unstable economy and a cost-of-living crisis will influence companies to tighten their belts with recruitment freezes, restructuring, and unfortunate job cuts.
News source: Microsoft / image source: Pixabay
More Amiga news
The European Gaming market in the 1980s: The rise of Atari and Amiga
Debian Officially adds RISC-V 64bit support
The acquisition of Amiga by Commodore and Atari’s involvement, and what if Atari had won the bid?
One billion players in the world has played a game made by Swedes, but there is a problem
Will Microsoft still dominate the computer market in 2081?
Saudi Arabia Wealth fund raises Nintendo stake to 6%
A1222 Plus Production not immune to global semiconductor shortage
Intel 7nm FPGA products will use Foveros 3D stacking
Ports Of Call: Business simulator where you build a global shipping empire
New enhanced Commodore Amiga release of AMIner
New release of AbiWord: the best Amiga alternative of Microsoft Word
Enhancer Software 1.5 Released: introduces modern options to AmigaOS 4.1
ASUS Radeon RX 560 (4GB) now available for AmigaOne computers
TurboCalc, Amiga’s answer to Microsoft Exell in the early 90’s
UAE-X: Amiga Emulator for Microsoft X-Box console