Microsoft reported the layoffs would affect roughly 5% of its workforce, with some notifications happening as early as Wednesday.
The company's stock was modestly higher in early Wednesday trading, opening at a share price of $241.56. Microsoft employs about 221,000 people around the world, including 122,000 in the United States,Nadella also said the company will continue to invest in strategic areas for its future,"meaning we are allocating both our capital and talent to areas of secular growth and long-term competitiveness for the company, while divesting in other areas.
"These are the kinds of hard choices we have made throughout our 47-year history to remain a consequential company in this industry that is unforgiving to anyone who doesn’t adapt to platform shifts," he wrote. "As such, we are taking a $1.2 billion charge in Q2 related to severance costs, changes to our hardware portfolio, and the cost of lease consolidation as we create higher density across our workspaces .... We will treat our people with dignity and respect, and act transparently. These decisions are difficult, but necessary.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Microsoft Plans to Announce Layoffs as Early as Wednesday MorningMicrosoft is planning to announce more layoffs as soon as Wednesday morning, according to a person familiar with the matter
Consulte Mais informação »
Jim Cramer's top 10 things to watch in the market Wednesday: Inflation cools, Microsoft, AppleAhead of Wednesday's session, the Nasdaq kept its rally going, now at seven straight sessions.
Consulte Mais informação »
Microsoft to lay off 10,000 employees starting Wednesday; roughly 5% of workforce affectedMicrosoft is the latest technology giant to reduce its workforce during a recent global economic slowdown.
Consulte Mais informação »
Jim Cramer's Investing Club meeting Wednesday: Stick with P&G, Morgan Stanley, Microsoft layoffsInvesting Club: 3 investing lessons from the Club’s meeting Wednesday: Stick with P&G, Morgan Stanley, Microsoft layoffs
Consulte Mais informação »
Microsoft to cut 10,000 jobs as wave of layoffs sweeps tech industryMicrosoft plans to lay off 10,000 employees, the company said Wednesday, as part of a restructuring plan to focus on areas of growth and brace the company for an economic downturn.
Consulte Mais informação »
9 small-biz owners share the Microsoft Office hacks they use to increase productivityYou’re probably not taking full advantage of all the features that Microsoft Office offers to increase your team’s productivity. genemarks shares 9 tip to help you better use Office this year ⤵️
Consulte Mais informação »