The US tech giant will axe 10,000 employees by the end of March amid concerns over global economic slowdown Microsoft announced on Wednesday it will eliminate 10,000 jobs worldwide, almost 5% of its workforce, and take a $1.2-billion charge as global growth is slowing down. In a note to employees seen by Reuters, the company’s chief executive Satya Nadella said the layoffs would conclude by the end of March, with notifications beginning Wednesday. According to the CEO, the company was grappling with a slump in the personal computer market as customers that were accelerating their spending on digital technology dur
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