Microsoft

About Microsoft

A multinational technology corporation that develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and related services

CEO: Satya Nadella

Year Established: 1975

Last Year's Revenue (in billions): $168.00

Stock Symbol: MSFT

Headquarters Location: Redmond, WA

*As of 2023-11-20

Recent Layoff Information

Total Employees	Employees Laid Off (Estimated Yearly Total^[1])	Date of Last Layoff
181,000	10,668	April 2023

Total Employees	181,000
Employees Laid Off (Estimated Yearly Total^[1])	10,668
Date of Last Layoff	April 2023

Layoffs This Year

Layoffs Past 5 Years

Compared to All Companies

Note: Amazon and Walmart data ommited due to size.

Compared to All Companies as a Percentage (layoffs/employees)

Note: Amazon and Walmart data ommited due to size.

Compared to Sector

Compared to Sector As a Percentage (layoffs/employees)

Are More Layoffs Expected?

The company has not made any public announcements about future layoffs, and its decision will depend on a variety of factors, including its financial performance, economic conditions, and strategic priorities.

Reason for Layoffs

Microsoft has laid off employees in 2023 for a combination of reasons, including:

• Slowdown in revenue growth: Microsoft's revenue growth has been slowing down in recent years, and the company is looking to cut costs in order to improve its profitability.

• Changes in the tech industry: The tech industry is constantly evolving, and Microsoft is trying to adapt to these changes by restructuring its workforce.

• Shift in priorities: Microsoft is shifting its priorities from hardware to software, and this is leading to layoffs in some hardware-related divisions.

• Economic downturn: The global economy is facing a downturn, and this is affecting businesses of all sizes, including Microsoft.

• Automation and AI: Microsoft is investing heavily in automation and AI, and this is leading to job losses in some areas.

The layoffs are a difficult but necessary step for Microsoft to take in order to remain competitive in the changing tech industry. The company is committed to supporting its laid-off employees through outplacement services and other resources.

Articles

LinkedIn Announces Layoffs

December 02, 2023

The Great Pause: Inside the Fortune 500 Hiring Slowdown

December 29, 2023

When Snowflakes Turn to Severance Papers: The Most Grinchy Layoffs in Festive History

December 25, 2023

The Robot in the Room: AI and the Looming Shadow over 2024 Jobs

December 21, 2023

Our Top 10 Layoffs by Percentage in 2023

December 20, 2023

Unveiling the Stealthy World of Soft Layoffs

December 20, 2023

New Graduates Guide to Navigating the 2024 Workforce

December 18, 2023

Amidst Layoff Fog, Beacons of Hope: States with Sunshine in the 2024 Job Market

December 17, 2023

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[1]Layoff totals are the totals over the past year and not most recent round of layoffs. Totals will not be exact as it is not possible to track at that level of detail in real time. All information is gathered from SEC filings, WARN notices, news articles, social media posts, and users who post on our site. Layoffinsider uses various ai tools to help gather the data which is then reviewed by humans and cross checked for validity. If you suspect there is incorrect data then please reach out to us for prompt investigation. We want to be the number one trusted source for tracking layoffs.

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