Microsoft plans to fire about 11,000 employees or ~5% of its workforce - Sky News

[Gaali_Gottam_Govinda]

Microsoft is finalising plans to become the latest technology giant to reduce its workforce amid a global economic slowdown, Sky News learns. 

Microsoft is preparing to axe thousands of jobs in the latest move by one of the world’s biggest technology companies to reduce its workforce in the face of a slowing global economy.

Sky News has learnt that the US software giant could announce plans to cull a significant number of posts around the world within a matter of days.

Microsoft, which employs more than 220,000 people - including 6,000 in the UK - is said to be contemplating cutting roughly 5% of its workforce, which if accurate would equate to approximately 11,000 jobs.

That figure could not be verified on Tuesday evening, and one analyst suggested that Wall Street would be surprised if the figure was not higher than that.

 

[Netflixmovieguz]

Updated paycut offers cuming in msft..accept or talk to hr

[Kakynada]

 

[Bendapudi_english]

9 minutes ago, Netflixmovieguz said:

Updated paycut offers cuming in msft..accept or talk to hr

Nuvu Microsoft aa anna 

[Netflixmovieguz]

3 minutes ago, Bendapudi_english said:

Nuvu Microsoft aa anna 

Frnd tolded bro

[mettastar]

@psycopk @k2s confirm aa

Deenemma e year lo job pothe kottadam kastam emo inka

[Bendapudi_english]

9 minutes ago, Netflixmovieguz said:

Frnd tolded bro

Ok

[Bendapudi_english]

7 minutes ago, mettastar said:

@psycopk @k2s confirm aa

Deenemma e year lo job pothe kottadam kastam emo inka

Amazonian vi nuvve Ala ante ela anna 

[mettastar]

1 hour ago, Bendapudi_english said:

Amazonian vi nuvve Ala ante ela anna 

Ikkada kuda left and right leputhunnaru .. pattukoni kusunnam

[Simple123]

12 minutes ago, mettastar said:

Ikkada kuda left and right leputhunnaru .. pattukoni kusunnam

em kadu le . 

[csrcsr]

e thread lo chepinatle jarugutundi edo jatakalu marutunayi

[BAVA_BERRY1]

1 hour ago, mettastar said:

Ikkada kuda left and right leputhunnaru .. pattukoni kusunnam

Baa konni teams/orgs affect aindni vina not all teams/orgs

[csrcsr]

Microsoft Spokesperson Calls Impending Layoffs a 'Rumor'

 

 

 

A Microsoft spokesperson declined to comment in an email to Gizmodo, calling the reports a “rumor.” However, Business Insider reported that according to one person familiar with the matter, Microsoft could potentially cut its recruiting staff by up to one-third. They added that the company may take a year or two before it begins hiring at the same rate prior to the layoffs.

The company first announced plans to lay off less than one percent of its workforce in July of last year, but in August it ended the contracts for hundreds of recruiters and talent-acquisition staff early. Two months later, 1,000 Microsoft employees from the Xbox console gaming division, the Strategic Missions and Technology organization, and other units were laid off, Business Insider reported at the time.

A Microsoft spokesperson told the outlet, “Like all companies, we evaluate our business priorities on a regular basis, and make structural adjustments accordingly.” They added, “We will continue to invest in our business and hire in key growth areas in the year ahead.”

 

https://gizmodo.com/microsoft-layoffs-tech-layoffs-xbox-tech-industry-1849997807