Page 10 - Microsoft Layoffs News Today

Microsoft most recently shrank its workforce in October and July, and has eliminated open positions and paused hiring in various groups.

Microsoft may lay off 5 percent of workforce, engineering and HR departments most impacted.

Microsoft to lay off nearly 11K employees this week: Report

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Microsoft Corp said on Wednesday it would cut 10,000 jobs by the end of third quarter of fiscal 2023, the latest sign that layoffs were accelerating in the U.S. technology sector as companies brace for an economic downturn.

A report by Bloomberg and Reuters suggested that the engineering department and human resources department are expected to be majorly affected by the layoffs. An official figure for the number of job cuts has not yet been provided by the company.

Amid the global uncertainty and massive layoffs, 4 in 5 professionals in India are looking for a new job in 2023, a report showed on Wednesday. 📲 Layoffs: 4 in 5 Professionals in India Looking for New Jobs in 2023 Amid Global Uncertainty and Sackings.

As the companys worldwide expansion slows, Microsoft has stated that it would lay off another 10,000 employees.

Microsoft is firing 10,000 employees, around 5 per cent of its total workforce. Announcing the move, Microsoft CEO Satya Nadella said that while the company is asking some employees to leave, in some other areas it will continue hiring.

This makes Microsoft join other tech giants which have announced job cuts in response to slowing demand and deteriorating economy.