Microsoft to axe 10,000 jobs, nearly 5 per cent of global workforce
New York, Jan 18: Microsoft announced on Wednesday it is laying off 10,000 workers, almost five per cent of its total workforce, to align its cost structure with revenue and customer demand, the latest company to cut jobs after technology giants like Facebook and Amazon.
Microsoft's Indian-origin CEO Satya Nadella, in communication with employees, said the company will align its cost structure with revenue and customer demand.
"Today, we are making changes that will result in the reduction of our overall workforce by 10,000 jobs" through the end of the third quarter of fiscal year 2023.
"This represents less than 5 per cent of our total employee base. We know this is a challenging time for each person impacted," Nadella said.
The bloodbath in the tech sector that began last year is continuing into 2023 and Microsoft is the latest technology company to undertake massive layoffs.
Meta, the parent of Facebook, Instagram and WhatsApp laid off more than 11,000 workers or about 13 per cent of its workforce in November.
Amazon is laying off more than 18,000 employees as global economic uncertainty forces companies to trim costs and restructure operations.
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Five teachers suspended for facilitating mass copying during Class 12 exam in Beed
Beed (PTI): Five teachers, who were caught allegedly facilitating large-scale copying during an HSC (Class 12) examination paper at a centre in Maharashtra's Beed district, have been suspended, an official said on Tuesday.
The police had registered a first information report (FIR) against 17 teachers after a drone camera exposed large-scale copying on February 10, the first day of the Class 12 exams conducted by the Maharashtra State Board of Secondary and Higher Secondary Education, at Centre 224 in Chousala.
Drone-mounted surveillance cameras deployed by the authorities captured supervisors in 16 examination halls, not only failing to prevent copying but also allegedly helping students cheat openly.
The official said five teachers from Bhalchandra Vidyalaya in Limbaganesh have been suspended in connection with the malpractice, and 12 from three other schools and junior colleges are under investigation and may face suspension as the probe widens.
After learning about the February 10 incident, Beed Collector Vivek Johnson ordered strict action against those responsible for the lapse.
Accordingly, an FIR was registered against 17 teachers, including the chief conductor of the exam centre, at Neknoor police station and charges under the Maharashtra Universities, Boards and Other Specified Examinations (Prevention of Malpractices) Act and Bharatiya Nyaya Sanhita were invoked.
The Education Department subsequently directed the concerned institutions to suspend the implicated staff.
