Just like it exploded yesterdayinformationSimilarly, Microsoft CEO Satya Nadella officially issued a public memo confirming that they will lay off 10,000 employees in the third fiscal quarter of this year, which is expected to be completed within March, emphasizing that the action is in line with their “cost structure” after balancing demand and income. To put it simply, it is actually a matter of reducing expenditure in response to declining income. Nadella also admitted that the soaring income during the new crown epidemic hit new highs repeatedly, but with the return of society, there was a significant decrease. At the same time, he also saw and expected that many markets would be affected by the economic recession.
Nadella said that Microsoft will continue to recruit more staff in the “core strategic part”. At the same time, the cost of this structural restructuring is as high as 1.2 billion US dollars, including staff severance costs, consolidation of property leases, and changes in hardware equipment. Nadella said they guaranteed affected U.S. employees would receive “above-market” severance packages, including six months of health insurance and stock awards.
according to GeekWire It is said that the scale of this layoff is the second largest in the history of Microsoft. The last largest layoff was in 2014 after the integration of the acquired Nokia hardware business.18,000 layoffs people.That is to say, Microsoft actively increased its troops during the epidemic. In the 2022 fiscal year alone, there were 40,000 more people, many of which came from the manpower brought in when the company was acquired, including Nuance(6,500 people), Wandr (1,500 people), etc., so even with this large number of layoffs, Microsoft’s staff size is also larger than before the epidemic.
