Microsoft confirms job cuts after calling for growth to slow - 18 octombrie 2022
A Microsoft (US.MSFT) spokesperson on Monday confirmed that the company let go of additional workers as the software maker’s revenue is expected to slow, thanks to weaker sales of Windows licenses for PCs.
The move aligns with efforts at technology companies big and small to lower costs. Meta Platforms
and Salesforce are among those in Silicon Valley that have slowed their pace of hiring this year, even as Coinbase, Netflix
and others have resorted to layoffs. Monday’s announcement comes three months after Microsoft said it trimmed less than 1% of employees.
In July, Microsoft called for about 10% revenue growth in the fiscal first quarter, slower than it’s been in more than five years. The company will be announcing earnings on Oct. 25. Axios, which reported the layoffs earlier on Monday, said the cuts impacted fewer than 1,000 people and cited an unnamed person.