Bad news for employees of this IT company as 6000 employees sacked due to…, not Ratan Tata's TCS, Narayana Murthy's Infosys, Google, Wipro, name is…
Bad news for employees of this IT company as 6000 employees sacked due to..., not Ratan Tata's TCS, Narayana Murthy's Infosys, Google, Wipro, name is...
Microsoft has revealed plans to lay off around 6,000 employees worldwide as part of a broader effort to simplify its internal structure and cut down on layers of management. These layoffs will impact less than 3 per cent of its total workforce and will include roles from different teams, levels, and regions including LinkedIn. According to a company representative, this decision is part of Microsoft's ongoing efforts to stay agile and competitive in a fast-changing business environment. 'We're making necessary changes within the organization to help the company stay strong and ready for what lies ahead,' the spokesperson explained. Microsoft job cuts in 2024
In 2024, Microsoft cut about 6,000 jobs as part of a strategic realignment to better focus on its core business priorities. With a global workforce of approximately 228,000 employees as of June, these layoffs will affect fewer than 3 per cent of the company's total headcount. The roles being eliminated span various teams and regions including LinkedIn.
This is not the first time Microsoft has made such changes. In January 2023, the company cut around 10,000 jobs, affecting employees in divisions like HoloLens and other hardware-related projects. The latest round of layoffs comes as the tech giant ramps up investment in artificial intelligence and cloud computing.
In fact, Microsoft is set to spend nearly USD 80 billion this fiscal year to expand its data center infrastructure, which powers services like Azure and its growing portfolio of AI tools.
As the fiscal year draws to a close in June, Microsoft has already started reorganizing some internal teams. This includes shifting sales responsibilities for small and medium-sized businesses to external partners and making changes in several technical departments.
Microsoft's move is part of a wider trend in the tech industry, where companies are adjusting their workforce and operations in response to changing market demands and rising costs. Earlier this year, Meta announced plans to cut 5 per cent of its staff through performance-based exits, and Salesforce let go of more than 1,000 employees to make room for new roles focused on artificial intelligence.
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