Microsoft cuts nearly 1,000 jobs - Business

Microsoft cuts nearly 1,000 jobs – Business

(Belga) The American technological giant Microsoft confirmed the loss of some 1,000 jobs on Tuesday, without specifying the layoffs will have taken place only in its video games department.

Employees at Xbox and other Microsoft studios said they were let go, US newspaper The Washington Post and news site Axios reported. In a statement, a company spokesperson said Microsoft is making adjustments as needed: “Like all companies, we regularly assess our priorities. We will continue to invest in our business and recruit in areas of growth in the coming year.” This is the second wave of layoffs at Microsoft this year. The first, which affected several departments, took place before the publication of the annual results in July. Additionally, the company has been hiring at a slower pace since May, following the lead of other tech giants such as Meta and Google. Overall, however, Microsoft’s workforce has increased. As of June 30, Microsoft had 221,000 employees, up from 181,000 last year. (Belga)

Employees at Xbox and other Microsoft studios said they were let go, US newspaper The Washington Post and news site Axios reported. In a statement, a company spokesperson said Microsoft is making adjustments when necessary: ​​”Like all companies, we regularly assess our priorities. We will continue to invest in our business and recruit in areas of growth in the coming year.” This is the second wave of layoffs at Microsoft this year. The first, which affected several departments, took place before the publication of the annual results in July. Additionally, the company has been hiring at a slower pace since May, following the lead of other tech giants such as Meta and Google. Overall, however, Microsoft’s workforce has increased. As of June 30, Microsoft had 221,000 employees, up from 181,000 last year. (Belga)

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