News: After laying off 10,000, Microsoft to kick out more employees

Strategic HR

After laying off 10,000, Microsoft to kick out more employees

Microsoft's CEO, Satya Nadella, confirmed in a blog post that the company made the choice to lay off 10,000 employees, representing approximately 5 per cent of its total workforce, back in January.
After laying off 10,000, Microsoft to kick out more employees

Microsoft has officially announced on Monday that it will be cutting more jobs, just one week into the beginning of its 2024 fiscal year.

In addition to the layoffs announced in January, which led to 10,000 job cuts, Microsoft has confirmed further downsizing. The company had also disclosed a few cuts around the same time last year. GeekWire had previously reported on these latest job cuts earlier on Monday.

Following the rapid increase in headcount during the Covid-19 pandemic to meet growing demand, other major technology companies such as Amazon and Google have also scaled back this year. Microsoft has acknowledged that clients have been actively seeking ways to reduce their expenses on cloud computing services, as indicated in recent months.

The number of job cuts in the latest round was not disclosed by a Microsoft spokesperson. However, back in January, CEO Satya Nadella had issued a memo, mentioning the company's plan to revamp its hardware lineup and consolidate leases.

On Monday, Microsoft filed a notice announcing its intention to lay off 276 individuals in its home state of Washington. Out of these, 66 positions are classified as virtual.

Salespeople and customer success representatives took to social networks to announce the unfortunate news of losing their jobs.

“Organisational and workforce adjustments are a necessary and regular part of managing our business. We will continue to prioritise and invest in strategic growth areas for our future and in support of our customers and partners,” the spokesperson said in an email.

In January, Microsoft made the decision to lay off 10,000 employees, accounting for nearly 5 per cent of its workforce. This confirmation was provided by the company's CEO, Satya Nadella, in a blog post.

“Today, we are making changes that will result in the reduction of our overall workforce by 10,000 jobs through the end of FY23 Q3. This represents less than 5 per cent of our total employee base, with some notifications happening today,” wrote Nadella.

Read full story

Topics: Strategic HR, #HRCommunity, #Layoffs, #HRTech

Did you find this story helpful?

Author

QUICK POLL

How do you envision AI transforming your work?

Your opinion matters: Tell us how we're doing this quarter!

01
10
Selected Score :