Microsoft layoffs (October 17, 2022)

[German]On Monday, October 17, 2022, it was announced that Microsoft has announced layoffs in several areas. This is the next step after tech groups had already announced a hiring freeze due to the downturn in the economy. Now, jobs are specifically being cut.


Advertising

Nearly all major tech companies in the U.S. are holding back on hiring and have largely halted it. Some companies like Snap, Flipboard, etc. are already starting to cut jobs. Facebook's parent Meta had imposed a hiring freeze, plans to cut budgets in most departments, with layoffs expected. According to this Bloomberg report, Intel is also planning to cut thousands of jobs as sales in the PC market weaken to pre-Corona epidemic levels.

Now Ina Fried reports on Axios  that layoffs are also being made at Microsoft. Officially, no number is known, but the estimate is that it will probably affect under a thousand jobs worldwide.

  • The layoffs happened on different levels, in different teams and this worldwide.
  • Several laid-off workers shared via Twitter and Blind, as well as other online forums, that their jobs had been eliminated.

Microsoft told Axios, "Like all companies, we regularly evaluate our skilled workforce and make appropriate structural adjustments. We will continue to invest in our business and hire in key growth areas in the coming year."


Cookies helps to fund this blog: Cookie settings
Advertising


This entry was posted in General and tagged . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *