Microsoft faces 11,000 job risks as they prepare for major layoffs

New Delhi: Microsoft, the world’s number one software company, is preparing to lay off thousands of employees. If media reports are to be believed, today Microsoft can fire five percent of its employees or 11,000 employees. Due to which thousands of people can be affected by it.

If media reports are to be believed, the layoffs in Microsoft can be done in the human resources and engineering departments. Well, thousands of employees may be affected by this announcement of the company. The layoffs will be the latest in the US technology sector.
Several tech companies, including Amazon and Meta, have earlier laid off several employees in response to demand shortages and the deteriorating global economic outlook. Media reports say that as of June 30, Microsoft had 221,000 full-time employees, including 122,000 in the United States and 99,000 internationally.
Now the biggest question arises that after all, what is the reason for such a large retrenchment. Media reports have revealed that Microsoft is under pressure to sustain growth in its cloud unit Azure after damaging sales of Windows and devices following several quarterly declines in the personal computer market. Due to which he has decided to lay off employees. The company had also fired some employees in July last year.