GamingMicrosoft laying off 10,000

Microsoft is conducting layoffs for the third time since July, as reported by CNBC.

This round of cuts is the largest of the three, with 10,000 employees being let go, which Microsoft CEO Satya Nadella characterized as less than 5% of the company's total headcount in a memo to employees about the layoffs.

"I'm confident that Microsoft will emerge from this stronger and more competitive," Nadella said.

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