Microsoft will lay off 5% of its staff and reduce work spaces to reduce costs

Microsoft will lay off 5% of its staff and reduce work spaces to reduce costs

Microsoft _the American multinational technology company, founded by Bill Gates and Paul Allen_, announced Wednesday the dismissal of about 10,000 employees between now and the end of Marchthat is, about 5% of its staff, as part of a series of measures to reduce costs.

This decision is madein response to macroeconomic conditions and to changes in customer priorities”, explained the group in a stock market document.

Among the other measures to be taken, representing 1.2 billion dollars of costsinclude the modification of its computer equipment and the reduction in the number of work spaces.

The firm’s billing expected by the market in that period should rise 2.7% compared to the same period of the previous year, a small amount for a company accustomed to double-digit growth.

Satya Nadella, CEO of Microsoft, indicated in a letter to employees that although “customers increased their computing expenses during the pandemic”, now they are trying to optimize and “do more with less”.

Companies around the world are showing “prudence” in spending in the face of recession risks, while artificial intelligence revolutionizes the sector, he added.

Microsoft, with 221,000 employees worldwide and a brand value of $184.2 billionthus joining other companies that also recently announced layoffs, such as the online commerce giant Amazon and the software company Salesforce, which at the beginning of January gave part of the dismissal of 18,000 and 8,000 people, respectively.

In addition, Meta, owner of Facebook and Instagram, announced in November the layoff of 11,000 people.

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In any case, Microsoft had already made layoffs months ago: in July they were just under 1% of the workforce, according to the company, and in October there were just under 1,000 people, according to the online information site Axios. (YO)

Source: Eluniverso

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