According to a report that was published by Insider late on Monday night, Microsoft has terminated the employment of hundreds of workers across the company, including those working in the Xbox division.
According to reports, the layoffs will touch fewer than one thousand people, but they will be distributed among many departments of the corporation. The Strategic Missions and Technology organisation, which focuses on research and development, the war gaming simulation department Studio Alpha, the office of the Chief Technology Officer, the Mission Engineering department, and the Mission Expansion cloud government team are all affected by this issue.
According to a statement made by a Microsoft official to Insider, “Like other firms, we examine our business goals on a regular basis and make structural adjustments accordingly.” [citation needed] During the course of the next year, “We Will Continue to Invest in Our Business and Hire in Key Growth Areas.”
The head of Mission Engineering, Zach Kramer, stated that the group will be “deprioritizing work that is already ongoing” in an email that was sent to team members and that was viewed by Insider.
Welp, who’s got two thumbs and just got laid off from Microsoft this morning?
2022 has been quite a year. pic.twitter.com/JfsbwKvKfV
— KC Lemson (@kclemson) October 18, 2022
He went on to say, “This is not an easy task.” We’ve all put in a lot of effort, and there are a lot of ideas that have the potential to have an impact; yet, given that our resources are limited, and time is the most constrained of them all, we need to make some difficult choices.
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Kramer did not make any direct reference to firings or layoffs.
In preparation for the layoffs that took place on Monday, Microsoft dramatically reduced the rate at which it was hiring new employees. It was revealed in July that Microsoft intended to lay off less than 1% of its workforce of 180,000 people, although it is unclear whether this wave of layoffs is included in that statistic. It has not been determined how many people will be let go from their jobs as of yet.
Microsoft is now in the midst of finalising the record-breaking acquisition of Activision Blizzard for the staggering price of $68.7 billion. Earlier this month, Brazilian regulators gave the acquisition their stamp of approval; but, their counterparts in the United Kingdom and the United States have hinted that a more in-depth investigation of the deal is expected.
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