Microsoft will cut employees from today – media reports, and Microsoft’s spokesperson said…
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Pudhari Online Desk: Microsoft, a world-renowned company in the tech sector, will start reducing employees from today, according to NDTV’s media reports on Tuesday. There are reports that companies are starting to cross headcount to get out of the current bad economic situation. Mere, or Vrittalakadu Microsoft Dujora Milela Nahi.
The computer giant may announce layoffs in its engineering departments as soon as Wednesday, reports Bloomberg News.
Microsoft is a Washington state-based company. According to industry trackers, there are more than two lakh 20 thousand workers in Microsoft. The company has reduced the number of employees twice in the past.
According to media reports, Microsoft can usually announce a new lockout a week before reporting its earnings for the last three months of last year.
No confirmation has been received from Microsoft regarding only or all. Also a Microsoft spokeswoman told AFP the company would not comment further.
Wedbush analyst Dan Ives offered some notes for investors. It is said that in the last few weeks, a large number of employees have been cut by giants like Salesforce or Amazon. There may be another 5 to 10 percent employee reduction in the entire tech sector.
Commenting on the situation, Eves wrote that many tech companies were spending money like rock stars in the mid-1980s. And in the coming micro economic situation, it has become necessary to bring them control over the expenditure.
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