Microsoft lays off more employees amid weakness in PC market demand

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

As of June 30, Microsoft reported a total global workforce of 221,000 employees, including 122,000 workers in the United States and 99,000 internationally.

as the tech giant expects its revenue growth to slow down due to weakness in PC market demand.

"Like all companies, we evaluate our business priorities on a regular basis, and make structural adjustments accordingly," a Microsoft spokesperson told FOX Business. "We will continue to invest in our business and hire in key growth areas in the year ahead." Sources told Axios, the first to report the story, that the cuts affected fewer than 1,000 employees across multiple divisions, staff levels and regions of the world.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines