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Microsoft Job Cut: The company said that due to macroeconomic conditions and changing preferences of customers, about 5% of the workforce, 10,000 employees are being cut. Microsoft Laysoff: Global giant tech company Microsoft has laid off 10,000 employees, which is less than 5 percent of the company's total global workforce. The company has given information about this retrenchment in the regulatory filing. The company said that the employees who have been affected by this retrenchment have been notified, some of whom have been retrenched immediately. The company said that due to macroeconomic conditions and changing preferences of customers, the number of employees is being cut. Microsoft said that it will also make changes in its hardware portfolio and will consolidate its leased offices, which means that it is clear that the company is preparing to close many of its offices. Microsoft CEO Satya Nadella said the layoffs represent less than 5 percent of our total workforce, some of which are being notified today. Nadella said, although we are eliminating roles in some areas,But we will continue to recruit in important strategic areas. He emphasized the importance of creating a new computer platform using Artificial Intelligence. Microsoft CEO Satya Nadella had indicated some time ago that some changes could be seen in the functioning of the company. Satya Nadella had said that Microsoft cannot remain unaffected in front of the Global Challenge and the coming two years may be the most difficult for the company. In fact, in recent days, after the clouds of recession around the world, big tech companies are going through a phase of retrenchment in their offices. The atmosphere is bad for the employees and their jobs are in jeopardy. In view of the deteriorating global outlook, America's big technology companies like Amazon, Meta have also made layoffs. And Microsoft's name has also been added to this episode. Microsoft has a total of 2 lakh 21 thousand full time employees and out of these 1 lakh 22 thousand employees work only in America. According to the filing of 30 June 2022, the company has 99,000 employees engaged in work internationally. Source: abplive
Microsoft Laysoff: Microsoft laid off 10,000 employees, information given in regulatory filing