Microsoft Layoffs
Microsoft, amid layoffs, says quarterly profit declined 12% to $16.43 bn
Microsoft on Tuesday reported a 12% drop in profit for the October-December quarter, reflecting the economic uncertainty it said led to its decision to cut 10,000 workers. The company reported quarterly profit of $16.43 billion, or $2.20 per share. Excluding one-time items, the company based in Redmond, Washington, said it earned $2.32 a share, which topped Wall Street expectation for adjusted earnings of $2.29 a share. The software maker posted revenue of $52.75 billion in the October-December period, its second fiscal quarter, up 2% from the same period a year ago. Analysts polled by FactSet expected Microsoft to post revenue of $52.99 billion for the October-December quarter. Microsoft last week blamed macroeconomic conditions and changing customer priorities for its decision to cut nearly 5% of its global workforce. It's one of a number of tech companies, including Google, Amazon, Salesforce and Facebook parent Meta, to announce mass layoffs. Microsoft's personal computing .
 "Microsoft, amid layoffs, says quarterly profit declined 12% to $16.43 bn")
Microsoft lays off more workers, this time from consumer R&D team: Report
Microsoft, which laid off 1 per cent or 1,800 employees in July, has asked around 200 more employees to go, this time from one of its customer-focused R&D projects, the media reported on Wednesday.
 "Microsoft lays off more workers, this time from consumer R&D team: Report")
In a sales and marketing overhaul, Microsoft to cut up to 4,000 jobs
Roles will be eliminated and most of them will be outside the US, says spokesperson
 "In a sales and marketing overhaul, Microsoft to cut up to 4,000 jobs")
More IT job cuts: Microsoft says it is laying off 4,000, mostly outside US
Microsoft workers were notified on Thursday if their current job was affected
 "More IT job cuts: Microsoft says it is laying off 4,000, mostly outside US")
Microsoft plans to cut 3,000 jobs globally, says report
Layoffs will affect sales, though this move is to better serve customers, partners
 "Microsoft plans to cut 3,000 jobs globally, says report")
Thousands face the axe as Microsoft rejigs sales, marketing operations
To woo more customers in areas like artificial intelligence and the cloud
Microsoft may be laying off thousands as it plans major sales force overhaul
Thousands of jobs could be cut down the line as a result of the sales shuffle.
 "Microsoft may be laying off thousands as it plans major sales force overhaul")
