Friday, November 15, 2024
ad
HomeNewsMicrosoft Grapples with Third Round of Layoffs

Microsoft Grapples with Third Round of Layoffs

The third round of layoffs is a component of the 10,000 job reduction announced by Microsoft earlier this year.

A third round of layoffs at Microsoft has taken place and has affected workers in positions related to supply chain, artificial intelligence, and the internet of things (IoT). The third round is an aftermath of the 10,000 job reduction announced by Microsoft earlier this year.

According to reports, job losses occurred at different levels, functions, teams, and locations. Records show that the IT firm recently let go 689 workers in Washington state. 

Microsoft notified Washington State that 617 employees had been laid off in February. The company informed California’s state government that 108 employees had been laid off in the same month.

Read More: Bahrain Institute Of Banking And Finance Announces Campus In The Metaverse 

In March, Microsoft informed Washington State that 878 employees were let go, bringing the total number of employees cut in the state to 2,184. According to a Microsoft employee, Microsoft has terminated Project Bonsai, an AI-powered automation project, and fired the staff.

The business will make changes that will result in the reduction of overall staff by 10,000 positions until the end of FY23 Q3, according to Microsoft CEO Satya Nadella’s announcement in January. Today, Microsoft employs more than 220,000 people, and about 5% of its staff was laid off.

Subscribe to our newsletter

Subscribe and never miss out on such trending AI-related articles.

We will never sell your data

Join our WhatsApp Channel and Discord Server to be a part of an engaging community.

Sahil Pawar
Sahil Pawar
I am a graduate with a bachelor's degree in statistics, mathematics, and physics. I have been working as a content writer for almost 3 years and have written for a plethora of domains. Besides, I have a vested interest in fashion and music.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular