Microsoft: Nearly a thousand layoffs across various divisions, including Xbox

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Microsoft announced in the last few hours layoffs almost thousand people. It seems that the cuts cover various parts of the company. xboxin different parts of the world.

Amid the debate against UK antitrust, Microsoft, like many other tech companies, faces a complex economic situation that has slowed its growth.

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“Like all companies, we regularly reassess our business priorities and adjust accordingly,” Microsoft said. “We will continue to invest in the sector and recruit in key areas over the coming months.”

Satya Nadella, CEO of Microsoft

Satya Nadella, CEO of Microsoft

Clearly, around a thousand people make up a very small percentage of the Redmond home workforce, so it’s certainly not facing a crisis; however, layoffs also occurred among experienced veterans who found themselves in a difficult situation to find a new job.

Last July, Microsoft announced 10% revenue growth in the first quarter of its fiscal year, the lowest level in five years. The next financial results will be presented on 25 October.

Source: Multiplayer

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