Microsoft Layoff to Make Thousands of Employees Jobless Worldwide

Companies usually find the process of laying off employees a tedious one as nobody wants to disappoint its employee who has been loyal. Especially in the case of a layoff, the employee is not responsible but it takes place due to a massive change in the organization. This makes it all the more difficult to lay off even one employee on a positive note. A global tech giant has decided to lay off thousands of employees from its global workforce all at once. The Microsoft layoff will be a worldwide affair wherein employees from various departments will get the pink slip. The news has not been confirmed yet by the company. Reports suggest that it may soon be official by the end of this week.

A source who has ample of information about the downsizing gave out the news. When Microsoft was asked about the same, the company refused to comment. This Friday, news regarding the reorganization of the sales group of Microsoft was out. There were assumptions that the reorganization will witness a change in the policies and structure of the department. But on Sunday the news about the Microsoft layoff came under the scrutiny of the public. No exact number of the layoffs is out yet, but it is definite that it’s going to be massive.

Microsoft-layoff

The cloud computing sector is on its way to progress and the company wants to promote it.

What might lead to the Microsoft layoff?

The sole reason behind the reorganization of the sales group of the tech giant is in order to pay heed to its cloud computing business. This is because the cloud computing sector is on its way to progress and the company wants to promote it. The focus on this sector might be because the demand for cloud computing is increasing in the market and it holds better prospects for the growth of the company. Such changes in the sales operations will provide more weightage to the Azure business by Microsoft.

Along with the Microsoft layoff, the company aims to merge certain parts of its enterprise customer business with other similar small as well as medium-sized business units. The merger is a part of the move to promote enterprise consumer units and also businesses of all sizes. As the emphasis will now be on the cloud business, we can safely assume that the layoff will affect the employees working in this sector the least. Mainly, all the sales departments of Microsoft around the world will suffer layoffs.

Avatar
Carrie Ann
Carrie Ann is Editor-in-Chief at Industry Leaders Magazine, based in Las Vegas. Carrie covers technology, trends, marketing, brands, productivity, and leadership. When she isn’t writing she prefers reading. She loves reading books and articles on business, economics, corporate law, luxury products, artificial intelligence, and latest technology. She’s keen on political discussions and shares an undying passion for gadgets. Follow Carrie Ann on Twitter, Facebook & Google.

Recent Posts

Store Closures Cost European Retail Giant Primark $1.43 Billion in Sales

Store Closures Cost European Retail Giant Primark $1.43 Billion in Sales

The European retail giant Primark said the COVID-19 had caused a loss of over $1.43 billion (£1.05 billion) in sales from store closures. T...
18 hours ago
Goldman Sachs to concentrate on consumer banking arm Marcus for growth

Goldman Sachs to concentrate on consumer banking arm Marcus for growth

Goldman Sachs Group Inc. is firming up plans to bolster its consumer banking arm Marcus through acquisitions and concentrating on digital ba...
18 hours ago
General Electric claims Siemens Energy used stolen theft secrets to win contract bids

General Electric claims Siemens Energy used stolen theft secrets to win contract bids

General Electric Co. has accused rival Siemens Energy AG of using stolen trade secrets to rig bids for lucrative contracts supplying gas tur...
1 day ago
U.S. Trade Department Slams Digital Services Tax

U.S. Trade Department Slams Digital Services Tax

The U.S. Trade Representative on Thursday said that the Digital Service Taxes (DSTs) in Spain, Austria and the U.K. is unreasonable and disc...
1 day ago
Bitcoin volatility attracts regulatory attention

Bitcoin volatility attracts regulatory attention

Touted as digital gold, Bitcoins have seen some volatile action in the last few days, with the cryptocurrency hitting nearly $40,000 at one ...
2 days ago
Renault plans to overhaul brand with Renaulution aimed at cutting costs

Renault plans to overhaul brand with Renaulution aimed at cutting costs

Renault has come up with a new plan called Renaulution to turn around the fortunes of the car company by concentrating on value rather than ...
2 days ago