Microsoft to lay off staff again from today: Reports
Deccan ChronicleSAN FRANCISCO: Microsoft is readying to cut more positions from its global workforce as tech giants continue paring headcount to ride out rough economic conditions, according to media reports on Tuesday. "Over the last few weeks we have seen significant headcount cut reduction from stalwarts Salesforce and Amazon," Wedbush analyst Dan Ives said in a note to investors. Amazon announced in early January that it plans to cut more than 18,000 jobs from its workforce, citing "the uncertain economy" and the fact the online retail behemoth had "hired rapidly" during the pandemic. And in early January, IT group Salesforce announced it was laying off around 10 percent of its employees, or just under 8,000 people Twitter was bought in October by billionaire Elon Musk, who promptly fired about half of the social media platform's 7,500 employees.