“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.”
Satya Nadella cuts 10,000 jobs in the same memo where he says “the next major wave of computing is being born with advances in AI.” The $1.2 billion charge covers severance, hardware portfolio changes and lease consolidation for “higher density” offices. Customers are doing “more with less,” so Microsoft is too. “It’s showtime” is a strange line to send people the day you fire them.