Microsoft is cutting 10,000 jobs, or about 5% of its workforce. It says a looming recession has forced customers to cut back on spending.
A MARTÍNEZ, HOST:
Microsoft is laying off 10,000 employees. It’s the latest tech company to announce massive cuts to its workforce as the industry faces one of its sharpest downturns in a decade. NPR’s tech reporter Bobby Allyn joins us now to discuss what’s driving the slowdown. Bobby, it seems like every other day brings some other announcement about a tech company laying off staff. I mean, what’s going on here?
BOBBY ALLYN, BYLINE: Yeah, it really does.
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