Microsoft lay offs: US veteran tech company Microsoft is planning to evacuate thousands of employees to streamline its operations. Let us tell you that earlier the company fired 2000 employees who performed poorly in January. Gaming and sales division employees were affected in this trimming. According to the CNBC report, the trimmed by Microsoft will not be based on performance. A spokesperson of the company said that 3% of the employees will be affected in this retrenchment done with the objective of reducing the level of management.
Number of employees was 2,28,000 in June 2024
According to the report, as of June last year, Microsoft’s total number of employees was 2,28,000, of which 2000 employees were fired in January this year. The total number of employees of the company was 2,26,000 after this layoffs. Now if we look at 3 percent of 2,26,000, it is 6780. This simply means that 6780 employees can be fired in the new retrenchment by Microsoft. “We continue to implement the organizational changes required to bring the company into the best position for success in the dynamic market,” the spokesperson told CNBC.
Microsoft took out 10,000 employees in 2023
Let us tell you that in the year 2023, the US Tech Giant fired 10,000 employees. This will be the second largest layoffs after the 2023 trimmed. Employees who were taken out in a poor performance in January can now re -join the company after at least 2 years. This news of the trimming came after Microsoft’s strong cloud computing and AI business after a strong income report of the March quarter, which was even better than the expectations of experts. Let us tell you that Microsoft’s net profit increased by 18% to $ 25.8 billion in this quarter as compared to the previous year’s quarter.
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