Tag: microsoft layoffs

Still hiring: Google, Microsoft, Amazon and Meta layoffs give other sectors an opening
28Jun By adminNo Comments
Technology

Still hiring: Google, Microsoft, Amazon and Meta layoffs give other sectors an opening

[ad_1] For the thousands of workers who'd never experienced upheaval in the tech sector, the recent mass layoffs at companies like Google, Microsoft, Amazon and Meta came as a shock.Now they are being courted by long-established employers whose names aren't typically synonymous with tech work, including hotel chains, retailers, investment firms, railroad companies and even the Internal Revenue Service. All of those sectors have signaled on recruiting platforms that they are still hiring software engineers, data scientists and cybersecurity specialists despite the layoffs in Big Tech. It's a chance for them to level the playing field against tech giants that have long had their pick of the top talent with lucrative compensation, alluring perks and sheer name recognition. No employer is m...
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Big Tech Binged on Workers During Covid. Now, the Purge.
27Jan By adminNo Comments
Technology

Big Tech Binged on Workers During Covid. Now, the Purge.

[ad_1] The spate of layoffs is a reaction to a hiring wave during the pandemic that got out of hand. But will it be an overreaction? The layoff announcements coming lately from the chief executive officers of big technology companies all contain variations on the theme of “we hired too many people during the pandemic,” expressed with varying degrees of contrition. At one end of the spectrum are Seattleites Andy Jassy of Amazon.com Inc. and Satya Nadella of Microsoft Corp. Amazon's layoffs were simply an outgrowth of its annual review, Jassy wrote, although he did allow that “this year's review has been more difficult given the uncertain economy and that we've hired rapidly over the last several years.” Microsoft's Nadella opted for bland corporatespeak: “As we saw customers acceler...
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Microsoft to Cut Jobs as Layoffs Go Deeper Over Demand Slump Fears
18Jan By adminNo Comments
Technology

Microsoft to Cut Jobs as Layoffs Go Deeper Over Demand Slump Fears

[ad_1] Microsoft Corp. plans to cut jobs in a number of engineering divisions on Wednesday. Microsoft Corp. plans to cut jobs in a number of engineering divisions on Wednesday, according to a person familiar with the matter, joining the ranks of technology giants that are scaling back as the industry prepares for a prolonged slump in demand. The magnitude of the cuts couldn't be learned, but the person, who asked not to be identified discussing confidential matters, said the reduction will be significantly larger than other rounds at Microsoft in the past year. Those cuts impacted less than 1% of the software giant's workforce of more than 200,000. Microsoft most recently shrank its workforce in October and July, and has eliminated open positions and paused hiring in various grou...
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UPDATE 1-Microsoft cuts about 1,000 jobs – Axios
19Oct By adminNo Comments
Technology

UPDATE 1-Microsoft cuts about 1,000 jobs – Axios

[ad_1] Microsoft Corp laid off under 1,000 employees across several divisions this week, Axios reported. Microsoft Corp laid off under 1,000 employees across several divisions this week, Axios reported on Tuesday, citing a source, making it the latest U.S. technology company to cut jobs or slow hiring amid a global economic slowdown. The layoffs affected less than 1% of Microsoft's total workforce of around 221,000 as of June 30. "Like all companies, we evaluate our business priorities regularly and make structural adjustments accordingly. We will continue to invest in our business and hire in key growth areas in the year ahead," a Microsoft spokesperson said. The company had said in July that a small number of roles had been eliminated and that it would increase its headcount ...
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