Microsoft is laying off hundreds of employees in its azure and mixed reality departments. Executives justified the mass layoffs by citing a pandemic hiring binge, high inflation and weak consumer demand.
The first affected more than 1,000 employees across its pixel, fitbit, nest, and google assistant teams, as per the company’s statement, and the latter is said to affect a few hundred people in its sales and advertising unit, business. With the new cutbacks, microsoft becomes the latest tech company to make significant layoffs as the tech sector emerges from the pandemic and faces an uncertain economy.
Most Likely We Will See The Tides Turn In Early 2024 Unless October Quarter Brings Unexpected Surprises.
The cuts come just as microsoft ceo satya nadella warns of a challenging two years ahead for tech.
Microsoft Is Cutting Thousands Of Jobs, With Layoffs That Will Affect 10,000 Employees.
This move comes amidst a broader pattern of layoffs…
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Microsoft is laying off employees in its microsoft gaming division.
The Cuts Come Just As Microsoft Ceo Satya Nadella Warns Of A Challenging Two Years Ahead For Tech.
These cuts come in addition to the 10,000 layoffs the company had previously announced in january.