Microsoft Layoff 2023

Microsoft Layoff 2023. A tech Giant Microsoft Planning to layoff its employee due to global recession.

As of Now No. of Microsoft On board Employee are 221,000 full-time employees,

Out of which 122,000 are from United States.

It will be the biggest Layoff in organization since many decades, The figure will be approx.

5% of total work force.

In the Last 6 months, Its share price dropped from 293.47 USD {15-aug-2022} to 240.35 USD {18-jan-2023} nearly a 5% drop in share price.

Even a drop has been seen in the careers portal of Microsoft for new positions.

As of post-COVID-19 Microsoft Layoff 2023

As of post-COVID-19, the decline in users on online platforms is one of the reasons, that is impacting the company revenue, the layoff of employees at various tech giant companies like Amazon, Facebook, and Twitter…..

https://edition.cnn.com/2023/01/18/tech/microsoft-layoffs/index.html

https://fortune.com/2023/01/17/microsoft-layoffs-bigger-than-october-july-satya-nadella/

https://newsusabreaking.com/