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Microsoft Plans to Lay off 1,000 Workers Decline in Revenue!! US-based IT tech giant Microsoft plans to lay off employees as its revenue is expected to decline in the coming months. The company is reportedly planning to lay off nearly 1,000 workers across multiple divisions report said. According to the information released in this regard, the company has around 2,21,000 employees worldwide.
It is reported that 0.45% of almost 1000 workers will be laid off. The layoffs are reported to be across a variety of sectors, including gaming and operating systems such as Xbox, Windows, and Edge. Commenting on the layoffs, a Microsoft spokesperson said, “We evaluate our business priorities regularly and make structural changes accordingly. We will continue to invest in our business.”
He said that there will be hiring in key growth areas in the coming year. Microsoft is now scheduled to release its quarterly earnings on October 25. After this, the company is expected to take a final call on layoffs. Meanwhile, companies like Microsoft, Apple, Oracle, and Google have announced hiring freezes in the coming months.
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