Axios writes that while Microsoft didn’t confirm how many people it let go this week, fewer than 1,000 employees were laid off. A spokesperson told the publication,.
What just happened? Microsoft has become the latest tech giant to lay off employees, again, as the economic downturn impacts even the most established industry titans. The company cut jobs across multiple divisions and locations yesterday in a move Microsoft has defined as « structural adjustments. »
Axios writes that while Microsoft didn’t confirm how many people it let go this week, fewer than 1,000 employees were laid off. A spokesperson told the publication, « Like all companies, we evaluate our business priorities on a regular basis, and make structural adjustments accordingly. We will continue to invest in our business and hire in key growth areas in the year ahead. »
Insider notes that social media posts on sites such as Twitter and Blind suggest the cuts covered the Xbox gaming division, Microsoft Strategic Missions and Technology, Experiences and Devices, legal, and others.
