Microsoft confirms performance-based job cuts across departments
Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday.
Microsoft layoffs: Tech giant’s job cuts stretch into 2025, now focusing on performance
Microsoft plans to make a new round of layoffs across the company, impacting employees whose performance has been deemed to fall short of its standards.
Microsoft is planning job cuts and focusing more on underperforming employees
The moves are part of a broader change in Microsoft's approach, which includes taking a harder look at low performers, sources told BI.
Microsoft Slashes Jobs Based on Performance Amid Slow Copilot Rollout: What's Really Going On?
Microsoft trims less than 1% of its workforce as stock underperforms and AI challenges rise. The "underwhelming" Copilot rollout also worsens it.
Microsoft Assures No Layoffs in India Amid Global Job Cuts, Says South Asia Head
Microsoft has recently faced scrutiny regarding its workforce as reports of job cuts circulate globally. However, the company’s South Asia head has assured that there are no plans to lay off employees in India.
Microsoft cutting employees based on job performance: reports
Microsoft has around 228,000 full-time employees as of June 2024. The reported cuts come after the tech giant laid off 10,000 employees in early 2023. It also laid off 1,900 Activision Blizzard and Xbox employees in early 2024, which was followed by around 650 more cuts in its gaming division in September, The Verge reported .
Layoffs: Microsoft Confirms Job Cuts Based On Performance Across Departments
These layoffs are expected to impact less than 1 per cent of the firm’s employees, the report said citing a person familiar with the matter.
Microsoft Cuts Less Than 1% Of Workforce, Citing Performance, As AI Hurdles Persist
Microsoft is cutting less than 1% of its workforce across departments based on employee performance, according to a spokesperson. The company had 228,000 employees as of June. Microsoft’s stock rose 12% last year,
Microsoft Announces Layoffs, Targeting Poor Performing Employees
Microsoft is laying off "a small percentage of its workforce," as the tech sector continues to endure a turbulent period.
Microsoft Announces Layoffs After Lackluster 2024
In the options pits, Microsoft stock has been popular with call traders. This is per its 50-day call/put volume ratio of 2.10 over at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE),
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