Report that Microsoft plans to dismiss more than 10,000 people in the next few days
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``Microsoft will soon lay off a large number of employees, including engineers,'' multiple media reports. The exact number of people to be laid off is unknown, but it is expected that thousands to as many as 10,000 people will be laid off.
Microsoft to ax thousands of jobs in latest cull by tech giant | Business News | Sky News
https://news.sky.com/story/microsoft-to-axe-thousands-of-jobs-in-latest-cull-by-tech-giant-12788916
Microsoft (MSFT) Is Set to Cut Jobs in Engineering Divisions This Week - Bloomberg
https://www.bloomberg.com/news/articles/2023-01-17/microsoft-to-cut-jobs-in-engineering-divisions-this-week
Microsoft set to lay off thousands of employees tomorrow - The Verge
https://www.theverge.com/2023/1/17/23559412/microsoft-layoffs-job-cuts-2023
Sky News, a British news broadcaster, reported on January 17, 2023 that Microsoft plans to cut about 5% of all employees within a few days. Microsoft employs more than 220,000 employees at the time of article creation, and 5% covers 11,000 people.
Also, according to a person who anonymously provided information to overseas media Bloomberg, Microsoft will fire a large number of engineers. The number of layoffs is said to be significantly higher than the 1% layoffs Microsoft has implemented over the past year.
Microsoft is set to announce second-quarter 2023 financial results on January 24, so an announcement about job cuts could come before that. Also, in this earnings announcement, Microsoft is expected to announce the outlook that `` sales in the third quarter will increase by 2% '', and this increase will be the slowest pace since 2017.
In addition, Microsoft is proceeding with the acquisition of Activision Blizzard, which handles the popular game series `` Call Of Duty '', but has already been sued by the Federal Trade Commission (FTC) and consumers to block the acquisition. In addition, the EU is also expected to issue an antitrust violation warning, and Microsoft's acquisition plan, which was originally expected to be completed by June 2023, will continue to face headwinds.
The EU is preparing an antitrust warning about Microsoft's 8 trillion yen acquisition of Activision Blizzard - GIGAZINE
The rapid deterioration of the global economy from the middle of 2022 has hit major American high-tech companies directly, and apart from Microsoft, Amazon has about 17,000 people, and it is clear that it will carry out the largest layoff as a technology company in recent years. has become
In addition, cloud giant Salesforce has announced that it will reduce employment of 8,000 people, which is 10% of its employees, and Meta, which operates Facebook and Instagram, has announced the dismissal of 11,000 people, which is equivalent to 13% of its employees. Did.
A Microsoft spokesperson said in response to Sky News' inquiry, 'We do not comment on rumors or speculation.'
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