After big IT companies like Facebook, Apple, Microsoft is also going to fire 1000 people. Hiring has already slowed down.
Image Credit source: AFP
The effect of the economic slowdown is clearly visible in the world. One after the other, big multinational IT companies are firing their employees. Be it Facebook, Apple, Google or any other. Now Microsoft has also joined this league. There is news that 1000 people are going to lose their jobs in Microsoft. In the name of cost cutting, these companies Job extracting from. Microsoft is preparing to fire people from many different departments. The company has already banned hiring.
According to the report of Axios, the company itself has given this information. However, Microsoft refused to tell directly how many people’s jobs are being taken away. But a company source says that about one thousand employees are going to be laid off.
There will be layoffs in many parts of the world!
It has been told in the report that Microsoft is laying off people in many different parts of the world, teams and at different levels. People are talking about Job Cut on social platforms like Twitter and Blind. Also sharing the incident that happened with you.
#Microsoftwhich employs more than 200,000 people, announced plans to cut 1,000 jobs
Stocks of tech giant (MSFT) rose by +1.33% to $240.7
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— Compoyo (@CompoyoOfficial) October 18, 2022
Here’s how you survive recession: 1. Preparing for potential job loss 2. Learn a new skill 3. Look for way to cut loss 4. Diversify your income 5. Don’t panic in your investment.
No need to watch their content. No need to waste your time.
— Marbinopunk (@Ari_7531) October 18, 2022
What did Microsoft say on Jobs Cut?
In a conversation with Axios, Microsoft gave its response on the job cut. The company said that ‘Like other companies, we also constantly review our business priorities. Then make the necessary changes. We will continue to invest in our business and will be hiring in key areas in the years to come.
The report states that the total number of employees in Microsoft is around 2.21 lakh (as of June 30, 2022). In July also, their jobs were withdrawn from some people.
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