Microsoft recently made the decision to lay off employees as part of a regular workforce adjustment. While the exact number of employees affected was not disclosed, posts on LinkedIn indicate that the cuts impacted product and program management roles. The company stated that these organizational changes are necessary for managing business operations and ensuring future growth.
This recent round of layoffs follows a similar event last month, where around 1,000 employees were let go, particularly in areas like the Azure cloud unit and HoloLens mixed-reality organization. Earlier in the year, Microsoft also laid off nearly 2,000 employees in its gaming unit after acquiring Activision Blizzard.
The company’s headcount has remained stable over the past two years, with approximately 227,000 employees worldwide at the end of the 2023 calendar year. Microsoft continues to prioritize strategic growth areas and investments to support its customers and partners during this period of change.
Vocabulary List:
- Adjustment /əˈdʒʌst.mənt/ (noun): A small alteration or movement made to achieve a desired fit or result.
- Organizational /ˌɔːr.ɡən.əˈzeɪ.ʃən.əl/ (adjective): Relating to the structure or arrangement of a company or institution.
- Operations /ˌɒp.əˈreɪ.ʃənz/ (noun): The activities involved in the functioning or activities of a business.
- Prioritize /praɪˈɔːr.ɪ.taɪz/ (verb): To designate or treat something as more important than other things.
- Unit /ˈjuː.nɪt/ (noun): A single distinct part of a larger whole often used for organization.
- Acquiring /əˈkwaɪər.ɪŋ/ (verb): Obtaining or gaining possession of something.