Microsoft announced on Monday that it would cut around 2,850 jobs, primarily in its sales division, as the company shifted its focus to the cloud computing business.
The layoffs, representing around 3% of the company’s workforce, will be spread across Microsoft’s offices worldwide, with the majority of cuts expected to come from its sales division. In addition, the company’s LinkedIn division, which Microsoft acquired in 2016 for $26 billion, will also see some job cuts.
In a statement, Microsoft CEO Satya Nadella said that the company is “taking steps to notify some employees that their jobs are under consideration or that their positions will be eliminated.” He added that the company is “deeply committed to helping our employees through this transition period and will be providing generous severance packages and outplacement services.”
The move comes as Microsoft shifts its focus to the cloud computing business, particularly its Azure cloud platform, which has seen strong growth in recent years. The company’s Intelligent Cloud division, which includes Azure, saw revenue increase by 17% in the most recent quarter.
This restructuring is also happening as Microsoft’s traditional software business, including Windows and Office, has slowed down. Instead, the company is looking to its growing cloud computing and LinkedIn divisions to drive future growth.
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