Microsoft Layoffs: After Twitter, Amazon, Google, Facebook, now tech giant Microsoft has also joined the race for layoff. The company announced on Wednesday night that it has decided to lay off 10,000 employees, which is about 5 percent of its total workforce. Employees who are losing their jobs have also been notified immediately. The company says that some other job cuts will be made in the coming months and days.
According to reports by Bloomberg and Reuters, the engineering department and the human resources department are expected to be most impacted by the layoffs. However, an official number and information for the number of job cuts has not yet been provided by Microsoft. Earlier in October 2022, Microsoft reportedly laid off around 1000 workers across multiple divisions in the company. These layoffs affected about 1 percent of Microsoft’s 200,000 workforce. According to experts, the threat of recession is looming over the whole world. It is very possible that this year the effect of recession will be seen at the global level.
Interestingly, while announcing the move, Microsoft CEO Satya Nadella called it necessary so that the company can focus on short term and long term opportunities. Nadella wrote a blog post for Microsoft employees about layoffs at the company. He explained in detail about the present and future planning of the company in his post. Also told that some roles are being abolished due to the changes. This will result in a reduction of 10,000 jobs in our total workforce by the end of Q3 FY23. The company is now emphasizing on Artificial Intelligence. Nadella also talked about giving respect and interests to the fired employees. He told that it is very important for the industry to change with the times.
As per the filing, Microsoft had 221000 full time employees as of June 30, 2022. Of these, 122,000 are in the United States and 99,000 are employed globally. Let us tell you that shortly before Amazon had decided to close more than 18000 roles in its workforce. At the same time, the company owned by Jeff Bezos has now laid off 11,000 employees last year by Facebook parent Meta Platforms Inc.