Microsoft has laid off about 1,000 employees across multiple divisions this week, Axios reported on Tuesday, citing a source, becoming the latest U.S. technology company to cut jobs or reduce hiring amid global economic slowdown.
The layoffs affected less than 1% of Microsoft’s total workforce of about 221,000 employees.
The company had said in July that a small number of positions had been eliminated and that it would increase headcount in the future.
Microsoft did not immediately respond to a Reuters request for comment on the Axios news.
Several tech companies including Meta, Twitter and Snap have slashed jobs and hiring in recent months as global economic growth slows as interest rates rise to curb inflation.
your subscription can be worth even more
Do you already know the advantages of being a Folha subscriber? In addition to having access to reports and columns, you have exclusive newsletters (find out here). You can also download our free app from the Apple Store or Google Play to receive alerts on the top news of the day. Your subscription helps us to make independent and quality journalism. Thanks!
your subscription is worth a lot
More than 180 reports and analyzes published each day. A team of more than 200 columnists and bloggers. A professional journalism that oversees public power, conveys useful and inspiring news, counterpoints the intolerance of social networks and draws a clear line between truth and lies. How much does it cost to help produce this content?
SUBSCRIBE FOR BRL 1.90 IN THE 1st MONTH
I am Frederick Tuttle, who works in 247 News Agency as an author and mostly cover entertainment news. I have worked in this industry for 10 years and have gained a lot of experience. I am a very hard worker and always strive to get the best out of my work. I am also very passionate about my work and always try to keep up with the latest news and trends.
