This action was taken shortly after Amazon revealed that it would be laying off more than 18,000 workers. CEO Andy Jassy made the declaration following a leak of information about the layoffs.
source: wikipediaIt appears that tech layoffs will probably continue in 2023 after the painful layoffs of over 11,000 workers at Meta and 50% of the workforce at Twitter.
It is important to note that this is not Microsoft’s first round of layoffs this year. The business reportedly let go of about 1,000 employees across different departments in October 2022. Involved in these layoffs were about 1% of Microsoft’s 200,000 employees.
According to its records, Microsoft employed 221,000 full-time employees as of June 30, 2022. 122,000 of these are employed in the United States, and 99,000 work abroad.
Microsoft’s operations and how the firm will deal with the impact of the layoffs are still to be seen.
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Microsoft Layoffs 2023: Reports indicate that the software company may implement 11,000 job cutbacks
By tirupatinews
