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Microsoft to axe 10,000 jobs as tech gloom deepens

The job cuts will affect slightly less than five percent of employees and follow in the wake of similar moves by Facebook-owner Meta, Amazon and Twitter which have announced thousands of layoffs in the once-unassailable tech sector.

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The job cuts will affect slightly less than five percent of employees and follow in the wake of similar moves by Facebook-owner Meta, Amazon and Twitter which have announced thousands of layoffs in the once-unassailable tech sector. The cuts were "in response to macroeconomic conditions and changing customer priorities," the maker of the Windows operating system said in a US regulatory filing.