Microsoft's Workforce Faces Another Round of Layoffs: What You Need to Know!
Microsoft faces further layoffs, adding to the previous 10,000 job cuts in January The tech giant continues its restructuring efforts to streamline operations and adapt to changing market dynamics
Microsoft has recently announced the layoff of 276 employees who are working in customer service, support, and sales. This comes after the company had already laid off 10,000 employees earlier this year in January. The technology sector has faced a challenging year in 2023, and Microsoft has been downsizing its workforce as a consequence. Similar to other tech companies, Microsoft had been hiring numerous employees in recent years to meet the increased demand for digital services during the pandemic. However, in order to reduce costs, the company initiated the layoff of over 10,000 employees at the beginning of the year, which also affected some workers in the gaming divisions, such as 343 Industries.
Now, there has been an announcement from Microsoft regarding a new round of layoffs, as initially reported by Geek Wire. According to the media outlet, the areas that will be impacted are customer service, support, and sales. This comes shortly after the conclusion of the company's fiscal year in June, and it is considered a common practice within the industry. It is worth noting that these layoffs are relatively smaller in scale compared to those that occurred at the beginning of 2023, impacting a total of 276 employees. Additionally, it appears that this time the gaming sector is not affected.
While Microsoft is cutting costs in certain sectors, it has taken a significant step towards expansion in its gaming division today. A judge has ruled in favor of Microsoft's acquisition of Activision Blizzard, eliminating a major obstacle for the company in pursuing its plans: the disapproval of the merger by the FTC. If Microsoft achieves positive outcomes in the United Kingdom, it will be able to acquire the company and potentially incorporate franchises like Call of Duty and Diablo into its brand.
However, Microsoft is not the only company reducing its workforce this year. Other tech giants such as Google and Meta have also carried out layoffs in previous months. Even gaming companies are not exempt from this trend. Recently, BioWare laid off an undisclosed number of employees due to the cancellation of the internal development of Star Wars: The Old Republic. Some individuals involved in the project left the company, while others were reassigned to projects such as Dragon Age: Dreadwolf and the new Mass Effect game.
Source: Geek Wire
