Microsoft preparing for layoffs

There is a round of layoffs going on all over the world, and now Microsoft can also fall prey to it. According to a report by Business Insider, Microsoft is preparing to reduce the number of its employees.

There is a round of layoffs going on all over the world at this time. In this episode, layoffs are also going to happen in the giant tech company Microsoft. Recently, Business Insider has reported that preparations are underway to reduce the number of employees in Microsoft company as well. The company may show the way out to those employees who are not meeting expectations in their performance, that is, those who are underperforming.

Currently, about 2,28,000 employees are working in Microsoft. This number may decrease in the next few months. Earlier also, the company had decided to lay off 10,000 employees in 2023 and 4,000 in 2024. Now once again the company is considering reducing the number of its employees. Especially for those employees who have not been able to improve their performance.

Billions of dollars invested in AI

A Microsoft spokesperson has confirmed the decision to layoff. He said that some positions have also been refilled. This means that employees are needed in some departments. At the same time, plans are being made to reduce the number of employees in some departments. In the last few years, the IT sector has seen recession and downfall. This has been challenging for these companies. Despite this, Microsoft has invested heavily in the field of AI. The company has announced to invest billions of dollars in AI technology.

These employees are in trouble

Overall, this move of the company is to lay off those employees who are not able to improve their performance. A total of 228,000 employees are working in this company till June 2024. Even before this, many big companies had shown the way out to their employees. In this episode, Microsoft is also going to lay off once again.