Microsoft, a technology giant, fired several hundred people earlier this week. This is the third wave of job cuts for Microsoft since July last year. ** Among the affected divisions, Xbox has not escaped and is a critical time considering Blizzard's purchase.
More than 1% of dismissed employees
While other Big Tech giants continue to fight the economic crisis and the drop in consumer demand, Microsoft is suffering its third round of job cuts this year. More than 1% of the company, which has 180,000 employees, was fired.
Microsoft would have been forced to say goodbye just under 1,000 people , according to a source from the specialized site Business Insider , due to the slowdown in the company's revenues. These removals occurred at different levels of the company, different regions of the world and in different departments of the company, including the Xbox division, strategic missions, technology organizations and edge teams.
A team seems to have been completely closed. Studio Alpha , which has developed military and commercial war games simulations using Microsoft cloud-based Azure technology, no longer exists, according to affected employees' tweets. Naturally, many ex-uncontents were on Twitter:
Microsoft tries to explain
Purchasing power is weakening around the world and Microsoft's profits are collapsing. In fact, Microsoft has recently experienced its weaker revenue growth in the last five years. **
Added to this a drop in demand for PCs: The market fell 17.3% more in the third quarter of 2022 , according to data from the site Tech.co, and the disappointing release of some products of hardware.
According to Zach Kramer, leader of Microsoft's engineering mission team, this includes privatizing work already underway and compromising the age of limited resources and sparse time.
Like all companies, we regularly evaluate our professionals and make structural adjustments according to Microsoft spokesman at Euro gamer today. We will continue to invest in our business and hire in key growth areas in the next year.
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