Money Mind

General Category => The Common Lounge => Topic started by: default on Jul 08, 2024, 12:31 PM

Title: Microsoft continues to layoff
Post by: default on Jul 08, 2024, 12:31 PM
Microsoft has announced a new round of job cuts with the end of its financial year on June 30, according to a report by GeekWire.
These layoffs are a part of the tech giant's efforts to streamline its workforce.

Several LinkedIn posts revealed that employees in product and program management roles were among those affected, the report stated.

The layoffs impacted multiple teams across various geographical locations. However, Microsoft has declined to disclose the total number of employees laid off.

In a statement, a Microsoft spokesperson said, "Organisational and workforce adjustments are a necessary and regular part of managing our business. We will continue to prioritise and invest in strategic growth areas for our future and in support of our customers and partners."

https://forums.hardwarezone.com.sg/threads/microsoft-announces-3rd-round-of-layoffs-as-tech-sector-continues-to-bleed.7045152/

https://www.business-standard.com/companies/news/microsoft-announces-3rd-round-of-layoffs-as-tech-sector-continues-to-bleed-124070500837_1.html
Title: Re: Microsoft continues to layoff
Post by: default on Jul 08, 2024, 12:32 PM
huat ah build more robots and software and automation to kill all of us

no need to wait until terminator days liao we dont even need john connor
Title: Re: Microsoft continues to layoff
Post by: Philipkee on Jul 08, 2024, 01:29 PM
Wlwlwwlsmdwl

Thought Microsoft profitable
Title: Re: Microsoft continues to layoff
Post by: default on Jul 08, 2024, 02:03 PM
In June this year, Microsoft laid off more than 1,000 employees across different businesses. Many of the layoffs occurred within the strategic missions and technologies divisions. These specialise in offering Cloud software and server rentals to niche industries such as telecommunications and space companies.
Reports revealed that jobs were cut across the Azure and HoloLens mixed reality divisions.
In January, Microsoft announced nearly 2,000 job cuts in its gaming unit, months after acquiring Activision Blizzard in a $69-billion deal.
During Covid, Microsoft's workforce expanded rapidly. In 2022, the company employed 232,000, according to GeekWire's analysis of regulatory filings and earnings reports. By the end of 2023, its global headcount stood at approximately 227,000.
Title: Re: Microsoft continues to layoff
Post by: GhostZM on Jul 08, 2024, 06:00 PM
Layoff jiu layoff, mybfd


CheerS!!!😉
Title: Re: Microsoft continues to layoff
Post by: Arctic on Jul 08, 2024, 06:04 PM
OK, waiting for sob/motivational stories on LinkedIn
Title: Re: Microsoft continues to layoff
Post by: jim889 on Jul 09, 2024, 05:39 PM
lay off is good then can find better jod
 :flash:
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