Tuesday, 02 January 2024 12:17 GMT

Microsoft Laying Off Several Thousand Employees


(MENAFN- The Peninsula) AFP

San Francisco: Microsoft on Wednesday said it was slashing a little less than four percent of its global workforce as it seeks to cut layers of middle management and leverage new technologies.

"We continue to implement organizational changes necessary to best position the company and teams for success in a dynamic marketplace," a Microsoft spokesperson said in an email.

The cloud computing tech giant did not disclose the total amount of lost jobs but as of June 2024 it employed 228,000 people.

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