Microsoft announces lay-offs targeting 10,000 employees

The Microsoft logo is pictured outside the headquarters in Paris, January 8, 2021. [Thibault Camus, AP]

Microsoft is cutting 10,000 workers, almost 5 per cent of its workforce, in response to what it described as "macroeconomic conditions and changing customer priorities."

The company said in a regulatory filing Wednesday that had just notified employees of the layoffs, some of which will begin immediately.