May 30, 2023

Wire Service Canada

Complete Canadian News World

Tomorrow Microsoft expected to announce the layoffs of 11,000 employees –

According to a report from Sky News, tomorrow is January 18, 2023 Microsoft must be announced the classroom to 11,000 employees of the company or about 5% of its workforce. This announcement coincides with the announcement of the financial results for the fiscal quarter ending on December 31, 2022.

Second bloombergMost of the cuts will affect engineering departments. The amount of layoffs will be much greater than in 2022, when the total staff reduction will be 1%.

Microsoft is the latest major technology company to announce the release of Layoff plan Aiming to face the difficult global economic situation. Job cuts come within days of adopting a file Unlimited vacation policywith company employees receiving a one-time payment for unused leave, with managers able to approve unlimited leave plans.

The job cut also comes just weeks after the company’s CEO said, Satya Nadellawho spoke of a difficult two years ahead of the technology companies, acknowledging that Microsoft had not proven itself immune to global changes and advocating for efficiency.

Just today, the unit announced 300 job cuts.

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