Microsoft’s 3rd Layoff Round Hits Employees In Supply Chain, Cloud, IoT Biz: Report

Job cuts were across different levels, functions, teams and geographies

Job cuts were across different levels, functions, teams and geographies

Microsoft currently has over 220,000 employees, and the layoffs have affected about 5 percent of its workforce.

Microsoft has conducted a third round of job cuts that affected employees in roles related to supply chain, artificial intelligence (AI) and Internet of Things (IoT).

According to CRN, the third wave of layoffs is part of 10,000 job cuts announced by Microsoft earlier this year.

The report quoted the company as saying that the job cuts were across different levels, functions, teams and geographies.

According to records, in Washington state, the tech giant recently laid off 689 employees.

In February, Microsoft notified the state of Washington that 617 employees were let go.

That same month, the company notified the state of California that 108 workers had been let go.

The report noted, “In January, Microsoft notified the state of Washington that 878 employees had been laid off, bringing the total number of employees in the state to 2,184.”

According to a LinkedIn post by a Microsoft employee, the company has shut down its AI-driven automation effort Project Bonsai and laid off the team.

Another Principal Product Manager, who worked at Microsoft for over 18 years and led a team of product managers in Supply Chain Engineering, which is a part of the Cloud and AI group at Microsoft, wrote on LinkedIn that “My A significant part of the group and I were let go”.

Microsoft Chairman and CEO Satya Nadella announced in January that the company “will make changes that will result in a reduction of 10,000 jobs across our total workforce by the end of FY23 (Q3).”

Microsoft currently has over 220,000 employees, and the layoffs have affected about 5 percent of its workforce.

read all Latest Tech News Here

(This story has not been edited by News18 staff and is published from a syndicated news agency feed)