As announced by Axios, an American news website, Microsoft has laid off over 1,000 employees this week. Cuts affected several departments within the tech conglomerate.
Like many others, including Meta Platforms (formerly known as Facebook) and Twitter, Microsoft is cutting jobs and slowing the entry rate of new hires due to the global economic downturn.
Those affected represent less than 1% of the total 221,000 employees that work for Microsoft.
“Like all companies, we evaluate our business priorities regularly and make structural adjustments accordingly. We will continue to invest in our business and hire in key growth areas in the year ahead,” a company spokesperson announced.
Nonetheless, the company reported that its total headcount would increase in the future.
