New Delhi. According to the big news coming from the field of business and employment, Microsoft, the world’s number one software company, is going to lay off thousands of employees today. According to the information of private news agency Reuters, citing Sky News on the matter, Microsoft will sack 5% of its workforce or say around 11000 employees today.
There were layoffs last year as well
Significantly, in the last few days, there have been continuous reports of retrenchment of employees. Now the name of a giant company like Microsoft has also been added to this list. According to the information received, this is going to be the biggest layoff of the company so far. Last year also during the Corona period, Microsoft had laid off 1%. That is, in October last year, the company had taken out about 1000 employees. The consultant and customer and partner solutions departments were then hit by layoffs.
reason for layoff
On the other hand, if the Reuters report is to be believed on the matter, in fact, Microsoft is under heavy pressure regarding its cloud unit Azure. Due to the prolonged decline in the personal computer market, the company is also suffering a lot in sales of Windows and devices. According to another report, as of June 30, 2022, the company had 2,21,000 full-time employees, of which 1, 22,000 were serving in the United States and 99,000 in other countries of the world.
Be aware that in the first 6 days of January this year, a total of 30,611 people from 30 private companies have been fired like this. This includes, apart from Amazon, video hosting platform Vimeo, tech giant Salesforce, crypto exchange Huobi and several other large companies. At the same time, this move of Microsoft now indicates that there will be a shortage in technical sector jobs as well.