Microsoft confirms job cuts after calling for growth to slow

A Microsoft spokesperson connected Monday confirmed that the institution fto spell of further workers arsenic the bundle maker's gross is expected to slow, acknowledgment to weaker income of Windows licenses for PCs.

The determination aligns with efforts astatine exertion companies large and tiny to little costs. Meta Platforms and Salesforce are among those successful Silicon Valley that person slowed their gait of hiring this year, adjacent arsenic Coinbase, Netflix and others person resorted to layoffs.

"Like each companies, we measure our concern priorities connected a regular basis, and marque structural adjustments accordingly," a Microsoft spokesperson told CNBC. "We volition proceed to put successful our concern and prosecute successful cardinal maturation areas successful the twelvemonth ahead."

Monday's announcement comes 3 months aft Microsoft said it trimmed little than 1% of employees.

In July, Microsoft called for astir 10% gross maturation successful the fiscal archetypal quarter, slower than it's been successful much than 5 years. The institution volition beryllium announcing net connected Oct. 25.

Axios, which reported the layoffs earlier connected Monday, said the cuts impacted less than 1,000 radical and cited an unnamed person.

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