March 12, 2023
1 min read

Microsoft job cuts hits employees in supply chain, Cloud, IoT biz

In February, Microsoft informed Washington State that 617 employees were let go….reports Asian Lite News

Microsoft has conducted a third round of job cuts that impacted employees in roles related to supply chain, Artificial Intelligence (AI) and Internet of Things (IoT).

According to CRN, the third wave of layoffs are part of the 10,000 job cuts announced by Microsoft earlier this year.

Job cuts were across various levels, functions, teams and geographies, the report said, quoting the company.

In Washington state, the tech giant recently sacked 689 employees, according to records.

In February, Microsoft informed Washington State that 617 employees were let go.

In the same month, the company notified the state of California that 108 employees were let go.

“In January, Microsoft informed Washington state that 878 employees were cut, bringing the total number of employees let go in the state to 2,184,” the report mentioned.

According to a LinkedIn post by a Microsoft employee, the company has shut down its AI-powered automation effort Project Bonsai and laid off the team.

Another principal product manager, who worked for more than 18 years at Microsoft and led a team of product managers in Supply Chain Engineering, a part of the Cloud and AI group in Microsoft, wrote on LinkedIn that “a significant part of my group and I were let go”.

Microsoft Chairman and CEO Satya Nadella in January announced that the company will be “making changes that will result in the reduction of our overall workforce by 10,000 jobs through the end of FY23 Q3 (third quarter)”.

Microsoft currently has more than 220,000 employees, and layoffs affected around 5 per cent of its workforce.

ALSO READ: Pakistan’s IMF bailout in jeopardy

Previous Story

West recognise TTP as major threat

Next Story

Silicon Valley Bank CEO sold $3.5m in shares in two weeks

Latest from Business

Microsoft Cuts Deep

The fresh job cuts come less than two months after Microsoft announced it was laying off more than 6,000 employees…reports Asian Lite News Microsoft is set to cut around 9,000 jobs —

Northeast Is Growth Engine

Scindia also provided updates on the government’s efforts to facilitate the entry of SpaceX’s Starlink service into India. “All due diligence from the Ministry’s side is complete Union Minister for Communications and

India to Empower Global South

India is emerging as a pivotal force in the global transition to clean energy, with Union Minister for New and Renewable Energy, Pralhad Joshi, asserting that the country is empowering the Global

Maruti’s Global Push Breaks Record

June shipments hit 37,842 units, signalling robust global demand Maruti Suzuki India recorded its highest-ever monthly exports in June, shipping 37,842 units and marking a new milestone that highlights the company’s expanding

India Bats for Fairer Global Finance: FM Sitharaman

FM Sitharaman stated that we believe that optimal regulation fosters innovation and stability….reports Asian Lite News India supports reforms to the international financial architecture to enhance inclusivity and equity, including Multilateral Development
Go toTop

Don't Miss

Microsoft rides AI wave, revenue up 7%

Microsoft-backed OpenAI’s ChatGPT has become a rage worldwide, which has

Microsoft testing HDR background support on Windows 11

With the new build, the company also added support for