Finance
Microsoft announces more job cuts after January layoffs
Microsoft announced another round of job cuts this week, which comes after laying off 10,000 employees in January.
“Organizational and workforce adjustments are a necessary and regular part of managing our business. We will continue to prioritize and invest in strategic growth areas for our future and in support of our customers and partners,” a Microsoft spokesperson said in an emailed statement to FOX Business.
The tech giant did not specify how many employees would be impacted by the layoffs, who are reportedly in customer service, support and sales. GeekWire was first to report the news on Monday.
BLACK UNEMPLOYMENT NEARLY DOUBLES WHITE JOBLESSNESS AS OVERALL RATE FALLS
A filing with the Washington state Worker Adjustment and Retraining Notification (WARN) system shows 276 layoffs in Redmond, where its headquarters is located, and Bellevue.
At the beginning of the year, Microsoft announced 10,000 global layoffs.
That move was “in response to macroeconomic conditions and changing customer priorities,” according to a filing with the Securities and Exchange Commission.
The corporation’s fiscal year ended on June 30.
As of that date, Microsoft said it had 221,000 employees globally and 122,000 in the U.S.
FOX Business’ Aislinn Murphy contributed to this report.
Read the full article here