Citing growing recession fears, Microsoft (MSFT) – Get a free report CEO Satya Nadella told employees the software giant was making the “difficult” decision to cut 10,000 jobs.
Nadella told employees at a business on January 18. blog post that the Redmond, Washington company co-founded by Bill Gates was cutting 5% of its workforce in response to the global economic slowdown.
“These decisions are difficult, but necessary,” Nadella said. “They are especially difficult because they impact people and people’s lives: our colleagues and friends.”
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