Microsoft layoff – pressnews

Microsoft Cuts Jobs in HoloLens, Surface, Xbox as Layoffs Continue

11Feb

By adminNo Comments

Technology

Microsoft Cuts Jobs in HoloLens, Surface, Xbox as Layoffs Continue

[ad_1] Microsoft Corp., implementing the layoff of 10,000 workers announced last month, on Thursday cut jobs in units including Surface devices, HoloLens mixed reality hardware and Xbox, according to people familiar with the matter. Cuts to much of the HoloLens hardware team throw into question whether the company will produce a third iteration of the goggles outside of a planned version for the US Army, said the people, who declined to be named discussing confidential matters. At the Xbox gaming unit, reductions came in marketing and the Xbox Gaming Ecosystem Group, one of the people said. Xbox Chief Phil Spencer emailed employees Thursday to let them know about the cuts without detailing what parts of his business were impacted. “I encourage everyone to take the time and space n...

20Jan

By adminNo Comments

Technology

Uber not planning layoffs: CEO

[ad_1] Ride-hailing giant Uber is not planning any company-wide layoffs, the US firm's boss said Thursday, bucking the downsizing trend in the tech sector. Ride-hailing giant Uber is not planning any company-wide layoffs, the US firm's boss said Thursday, bucking the downsizing trend in the tech sector. Uber employed some 32,600 drivers worldwide at the end of September, according to the company's last quarterly earnings report. "We're not at this point planning on any company-wide layoffs," Uber chief executive Dara Khosrowshahi said at a Wall Street Journal event on the sidelines of the World Economic Forum in Davos, Switzerland. Microsoft said Wednesday it would layoff 10,000 employees in the coming months as the economic downturn punishes US tech giants. Facebook-owner Met...

Amazon Kicks Off Round of Job Cuts Affecting 18,000 People

19Jan

By adminNo Comments

Technology

Amazon Kicks Off Round of Job Cuts Affecting 18,000 People

[ad_1] Amazon.com Inc. has started its biggest-ever round of jobs cuts — a culling that will ultimately affect 18,000 workers around the globe. Amazon.com Inc. has started its biggest-ever round of jobs cuts — a culling that will ultimately affect 18,000 workers around the globe. Amazon began notifying employees by email early Wednesday, Doug Herrington, the company's worldwide retail chief, said in a memo. He said the company aimed to communicate with all laid-off workers in the US, Canada and Costa Rica by the end of the day. Notifications in China will be sent after the Chinese New Year, and in other regions the company must consult with employee representatives before finalizing layoffs. The world's largest e-commerce company is grappling with slowing online sales growth an...

Microsoft Plans 10,000 Job Cuts, To Take $1.2 Billion Charge

19Jan

By adminNo Comments

Technology

Microsoft Plans 10,000 Job Cuts, To Take $1.2 Billion Charge

[ad_1] Microsoft Corp. said it plans to cut 10,000 jobs, or about 5% of its workforce, taking steps to cope with an increasingly bleak outlook that has now bruised many of the technology industry’s biggest names. Microsoft Corp. said it plans to cut 10,000 jobs, or about 5% of its workforce, taking steps to cope with an increasingly bleak outlook that has now bruised many of the technology industry's biggest names. The company will take a $1.2 billion charge in the second fiscal quarter related to the move, which will shave 12 cents off of earnings per share, the company said in a corporate filing. The layoffs come as the software giant said it's seeing customers exercise caution, with some parts of the world in recession and others heading toward one. Microsoft is scheduled to rep...

Tech Companies Keep Slashing Jobs in Uncertain 2023 Economy

6Jan

By adminNo Comments

Technology

Tech Companies Keep Slashing Jobs in Uncertain 2023 Economy

[ad_1] Here’s a running list of the companies planning layoffs. Layoffs that began in 2022 are accelerating across some technology companies. The tech industry is slashing jobs at a pace nearing the early days of the Covid-19 pandemic. In November, the most recent month for which data is available, the sector announced 52,771 cuts, for a total of 80,978 this year, according to consulting firm Challenger, Gray & Christmas Inc. It was the highest monthly total for the industry since the firm started keeping data in 2000. After a bumpy start to the pandemic in 2020, tech companies benefited from a boom in e-commerce spending and remote work boomed, triggering a hiring spree. Now, things look different. In recent earnings reports, Alphabet Inc., Meta Platforms Inc., Microsoft Cor...