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Home News Business

Layoffs Come To Microsoft Following Disappointing Sales Projections

“Like all companies, we evaluate our business priorities on a regular basis, and make structural adjustments accordingly,” a Microsoft spokesperson stated.

Aayat AlibyAayat Ali
October 18, 2022
in Business
Reading Time: 1 min read
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Layoffs Come To Microsoft Following Disappointing Sales Projections

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Microsoft has conducted layoffs as the company forecasts a slowdown in revenue. 

According to a spokesperson for the company, the disappointing sales for Windows licenses for PCs has led Microsoft to fire less than 1,000 workers, according to an insider.   

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Microsoft’s move isn’t exactly unusual — several tech firms have taken the same path as the threat of a recession ramps up and companies rush to slash their costs.   

“Like all companies, we evaluate our business priorities on a regular basis, and make structural adjustments accordingly,” said a Microsoft spokesperson. “We will continue to invest in our business and hire in key growth areas in the year ahead.” 

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Source: CNBC
Tags: Workforce
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Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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