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Microsoft Layoffs: After the cloud of worldwide recession, big tech companies are running a round of layoffs in their offices. The atmosphere is bad for the employees and their jobs are in jeopardy. Meanwhile, about 11,000 employees of Microsoft will be laid off today. According to a report, it has been reported that the global tech giant Microsoft is going to show thousands of its employees the way out.
Downsizing role in Microsoft
According to a report by news agency Reuters, thousands of roles are being reduced in Microsoft and as part of this retrenchment process, Microsoft will reduce 5 percent of its total functionality. Under this, a total of 11,000 roles will be reduced, which will mainly be under Human Resource (HR) and Engineering Division.
Why is Microsoft reducing the number of employees?
In fact, in view of the worsening global outlook, America’s big technology companies like Amazon, Meta are already getting retrenched. Now the latest name is of Microsoft which is going to hand over pink slips to its employees. 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. Microsoft had done a lot of hiring during the Corona period and now the company is returning to its normal functioning.
Impact on Microsoft’s profits
The pressure on Microsoft to maintain its profits is increasing as its cloud unit Azure has been facing decline for several consecutive quarters. In view of the negative impact coming on the market of personal computers, the effect is being seen on the sales of Microsoft’s Windows and devices. According to the Reuters report, such a claim is being made.
Microsoft CEO Satya Nadella accepted the challenge
Microsoft CEO Satya Nadella had indicated some time ago that some changes could be seen in the functioning of the company. In an interview to CNBC, Satya Nadella had said that Microsoft cannot remain unaffected in the face of the Global Challenge and the coming two years may be the most difficult for the company.
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