July 13, 2025

FacebookTwitterInstagramYouTube
  • Home
  • Events
  • NEWS
    • Top Stories
    • National News
    • National Sports
  • Current Contests
  • Photos/Video
    • Photos
    • Videos
  • On-Air
    • Kat & Ku`ehu
    • G. Cruz
    • Kaohu James
  • Podcasts
    • KWXX Mauna Loa Eruption Updates
    • Island Conversations
    • COVID-19 Interview
  • Contact
  • Info
  • Search
  • FCC Applications
MENU
  • Home
  • Events
  • NEWS
    • Top Stories
    • National News
    • National Sports
  • Current Contests
  • Photos/Video
    • Photos
    • Videos
  • On-Air
    • Kat & Ku`ehu
    • G. Cruz
    • Kaohu James
  • Podcasts
    • KWXX Mauna Loa Eruption Updates
    • Island Conversations
    • COVID-19 Interview
  • Contact
  • Info
  • Search
  • FCC Applications

Microsoft announces it will layoff 10,000 by end of September

January 19, 2023 at 1:00 am Staff
  • News Daypop
  • Tweet
  • Share
  • Reddit
  • +1
  • Pocket
  • LinkedIn
shutterstock_1857006433763726

Microsoft informed company employees on Wednesday that 10,000 layoffs are coming by the end of third quarter. Microsoft CEO Satya Nadella made the announcement in blog post on the company’s website, saying some employees would given their notice Wednesday.  The company said the layoffs will affect nearly 5% of Microsoft’s 200,000-strong global workforce.

Nadella blamed the decision on the need to align Microsoft’s cost structure with its revenue and where it sees customer demand. The blog post read: “As we saw customers accelerate their digital spend during the pandemic, we’re now seeing them optimize their digital spend to do more with less. We’re also seeing organizations in every industry and geography exercise caution as some parts of the world are in a recession and other parts are anticipating one ..At the same time, the next major wave of computing is being born with advances in AI, as we’re turning the world’s most advanced models into a new computing platform.”

Nadella promised employees being let go would be treated with dignity, respect and in accordance with U.S. employment law or, for overseas hires, the laws of their respective countries. He said the software company would take a $1.2 billion charge in the second quarter to cover costs related to severance liabilities. The company said the job cuts, changes to its hardware portfolio and consolidation of its real estate holdings would result in a $1.2 billion charge.

Editorial credit: JeanLucIchard / Shutterstock.com

Previous Story
Free agent outfielder Tommy Pham agrees to 1-year, $6 million deal with NY Mets
Next Story
Russian crypto exchange founder charged with laundering $700 million

Facebook

Twitter

Tweets by KWXX

"Hawaii's Feel Good Island Music Radio Station"

Info

  • Home
  • Contests
  • Socialize
  • Contact Us
  • Station Info
  • EEO
  • FCC Public File (KWXX)
  • FCC Public File (KAOY)

National News

A United States Secret Service Police Car parked outside an entrance to the White House. Washington DC - February 23^ 2025

Secret Service suspended six personnel without pay following Trump assassination...

Several hundred protesters rally at the Supreme Court against president Trump's illegal executive order to make birthright citizenship conditional.Washington^ DC – May 15^ 2025:

Federal judge in NH blocks Trump’s order restricting birthright citizenship

Social

Facebook Facebook Twitter Twitter Instagram Instagram YouTube YouTube
KWXX – Hilo, HI © 2025 Powered by OneCMS™ | Served by InterTech Media LLC
Are you still listening?
3628718333
Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)
a19b6e4e98189d2b3c07276f0ee8554c9d859706
1
Loading...