Microsoft officially confirmed the previous day that due to the expected decline in revenues due to the weakening of Windows sales, the company would have to further reduce some of its employees.
Unfortunately, the softweight is not unique in this: the trend towards lower costs is observed across the high-tech industry: Meta*Platforms and Salesforce this year have significantly reduced the rate of recruitment due to macroeconomic factors, while Coinbase, Netflix and a number of other major players have had to lay off part of the workforce.
," quotes CNBC from Microsoft.
In July, the company also made a series of cutbacks, where it lost 1% of its employees. At that time, Microsoft published a report on the fourth quarter of the fiscal year 2022 and announced that the first quarter would see an increase in revenue of 10%, less than in the last five years. Another quarterly report is scheduled for October 25.
* Listed on the list of voluntary associations and religious organizations in respect of which the court has taken a legally enforceable decision to abolish or prohibit activities on the grounds provided for in Federal Act No. 114-FZ of 25 July 2002 on countering extremist activities.