Microsoft fires thousands of workers in second mass layoff in months

Microsoft fires thousands of workers in second mass layoff in months

Washington:

Microsoft is firing thousands of workers, its second mass layoff in months. The tech giant began sending out layoff notices on Wednesday. However, the company declined to say how many people would be laid off but that it will comprise less than 4 per cent of the workforce it had a year ago.

The layoff comes as the company continues its restructuring amid massive AI investments. Now just ahead of the fresh round of layoffs, Microsoft’s top sales executive Judson Althoff is stepping away for an eight-week sabbatical.

As reported by Bloomberg, the company has confirmed Judson Althoff’s sabbatical. And Althoff who works as the chief commercial officer will resume his role in September after Microsoft will close the fiscal year.

Read More Delhi women to get 'Saheli Smart Cards' for free bus travel: Here's how to apply

Apart from this, Microsoft is planning to layoff thousands of employees for third time, particularly from the sales and marketing division. And the layoffs will mark the third major workforce reduction this year for the Redmond-based tech giant, following 6,000 cuts in May and over 300 additional eliminations just weeks later.

Read More Supreme Court refuses to halt Bihar voter list revision, but raises concern on timing

Tags:

About The Author

Aryan Age Picture

Welcome to Aryan Age, an English newspaper that has been serving readers since 2011 from Delhi. With a loyal circulation of over 19,000, we are dedicated to providing our readers with the latest news and information, as well as insightful analysis and commentary that help them navigate the complex and rapidly changing world.

Post Comment

Comment List

Latest News

Live Cricket Score

Advertisement

Science & Tech

Astronaut Shubanshu Shukla and NASA Axiom-4 crew prepare to return to earth on this date Astronaut Shubanshu Shukla and NASA Axiom-4 crew prepare to return to earth on this date
New Delhi: Indian astronaut Shubanshu Shukla, along with three other crew members of NASA’s Axiom-4 mission, is gearing up to...
How Nations Bizz Balances Breaking News with Deep-Dive Analysis in Business & Tech?

Health

UN warns 4 million could die from AIDS by 2029 as U.S. cuts HIV funding UN warns 4 million could die from AIDS by 2029 as U.S. cuts HIV funding
New Delhi: A recent UNAIDS report, which was released on Thursday, revealed that the sudden withdrawal of US investment into...
Is it just burnout or something serious? When should you take brain fog seriously, doctor answers

Lifestyle

Memory games to mental math: Try these brain exercises to improve your memory Memory games to mental math: Try these brain exercises to improve your memory
New Delhi: Your brain is one of the most important organs in the body. It controls different functions of the...
Consume these healthy, low-sodium snacks to satisfy your tea-time cravings, know recipe