Business Standard

Monday, December 23, 2024 | 06:54 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Microsoft cuts 1,800 jobs in restructuring, will hire more: Report

The layoffs, affecting less than 1 per cent of the 180,000-person workforce, spanned a variety of groups including consulting and customer and partner solutions

US, UK and allies link China with global hacking spree: Report
Premium

In recent years, Microsoft has typically announced job cuts shortly after the July 4 holiday in the US as it makes changes for the new fiscal period.

Bloomberg
Microsoft cut some jobs on Monday as it realigned business groups and roles after the close of its fiscal year on June 30. It said it plans to keep hiring for other roles and finish the current fiscal year with increased headcount.

The layoffs, affecting less than 1 per cent of the 180,000-person workforce, spanned a variety of groups including consulting and customer and partner solutions and were dispersed across geographies, the Redmond said.

“Today we had a small number of role eliminations. Like all companies, we evaluate our business priorities on a regular basis, and make structural adjustments accordingly,” Microsoft said.

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in