Microsoft said it's letting go of 10,000 employees and taking a $1.2 billion charge as the software maker braces for slower top-line growth.

MORNING SQUAWK EMEA Thursday January 19 2023 AS OF THU, JAN 19, 2023 • 01:19 ET S&P 500 Close 3,928.86 -1.56% -62.11 S&P 500 Futures 3,934.75 -0.28% -11.00 Nikkei 255 26,405.23 -1.44% -385.89 Microsoft is laying off 10,000 employees Microsoft said it's letting go of 10,000 employees and taking a $1.2 billion charge as the software maker braces for slower top-line growth.   More » S&P 500 posts worst day in more than a month, Dow closes 600 points lower Stocks' January rally lost steam on Wednesday, with the Dow sliding more than 600 points. More » Wholesale prices fell 0.5% in December, much more than expected; retail sales fall The producer price index was expected to decrease 0.1% in December, according to Dow Jones estimates. More » Helicopter crash kills top Ukrainian officials; Zelenskyy pleads for Western tanks The leadership of Ukraine's Interior Ministry and other members of the public, including three children, have died in a helicopter crash in Brovary near Kyiv. More » Veteran investor says 'tech is dead,' names safer stocks to weather the 'current storm' Michael Landsberg says it's time for investors to trim the fat in their portfolios, and names five stocks to ride out the tough times. More » TODAY'S GUEST HIGHLIGHTS ON CNBC All times in CET 11:00 H.E. Mohammed Ali Al Shorafa Al Hammadi Chairman, Abu Dhabi Departmentfor Economic Development Davos 12:15 Amir Yaron Governor, Central Bank of Israel Davos 12:30 Sigrid Kaag Minister of Finance, The Netherlands Davos Unsubscribe Digital Products Manage Newsletters Feedback Terms of Service Privacy Policy Join the CNBC Panel © 2023 CNBC LLC. All rights reserved. A property of NBCUniversal.   900 Sylvan Avenue, Englewood Cliffs, NJ 07632   Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis.   Data also provided by THOMSON REUTERS