According to Bloomberg , the final number of this round of job cuts is yet to be determined. The unnamed source revealed only a significantly larger extent than previous layoffs.
Microsoft has a massive workforce of more than 220,000 employees. Last year, the cuts were less than 1% in size. According to Sky News , this layoff will affect about 5% of employees, or 11,000 people.
In 2022, Microsoft stoppe hiring new employees in many groups, eliminate positions that were understaffe, and cut workers in July and October.
When other technology giants such as Amazon Meta and Salesforce laid
If the source is accurate, this big layoff will take place right before January 24, when Satya Nadella, President and CEO of Microsoft announcd quarterly business Clinics Email List results and discusse with investors about the efficiency. group activities.
In recent weeks, a series of big tech companies have announce downsizing, with Amazon revealing plans to cut 18,000 jobs, or about 6% of its workforce.
Cloud software provider Salesforce said it would lay off 8,000 employees, while Meta – the owner of Facebook – cut about 11,000 positions.
Under the ownership of Elon Musk Twitter also cut thousands of jobs
Similarly, 6,000 employees at personal computer maker HP lost their jobs.
Since October 2022, Microsoft has warne about the cloud. Computing business showing signs of slowing down. “In a world facing growing obstacles, digital get CMB Directory to technology is the ultimate enabler,” Nadella said at the time.
If the source is accurate, this big layoff will take place right before January 24. When Satya Nadella, President and CEO of Microsoft announce quarterly business results and discusse with investors about the efficiency. group activities.
Analysts expect Microsoft’s third-quarter revenue to grow 2%. The weakest since fiscal 2017. Over the years, the cloud business has serve as an important growth driver, but Now the sector is also showing signs of slowing down.
