Big Tech Layoffs: Microsoft to Eliminate 10,000 Jobs 1/18/23
Carl Quintanilla, Jim Cramer and David Faber engaged in a wide-ranging discussion about the big story of the morning:\nMicrosoft confirmed it plans to cut about 10,000 jobs or 5% of its workforce, joining the ranks of tech giants\nimplementing layoffs. The company also said it is taking a $1.2 billion charge in fiscal Q2 related to severance costs and\nother changes. Also in focus: Wholesale inflation eases but retail sales fall in December, Nasdaq aims for an eight-session\nwin streak, Goldman Sachs CEO David Solomon's comments to CNBC about a potential "soft landing," United jumps on\nearnings and guidance, Microsoft and Activision one year after their $69 billion deal was announced.