Microsoft, on Wednesday, as a part of a realignment, laid off 1,800 workers across different regions. The company started job cuts after the close of its fiscal year on June 30. It also realigned business groups and roles. The company plans to hire new employees and increase its headcount by end of the current fiscal year.
“Today we had a small number of role eliminations. Like all companies, we evaluate our business priorities on a regular basis, and make structural adjustments accordingly," Microsoft said in a statement. “We will continue to invest in our business and grow headcount overall in the year ahead."
The layoffs consisted of 1 per cent of the company's more than 1.8 lakh employees. Job cuts were made across groups like consulting, customer, and partner solutions in different regions worldwide.
Google in the meanwhile said that it plans to slow down hiring. In an email to the staff Sundar Pichai wrote, that the company will focus on hiring “engineering, technical and other critical roles," in 2022 and 2023, Bloomberg News reported.
“Moving forward, we need to be more entrepreneurial, working with greater urgency, sharper focus, and more hunger than we’ve shown on sunnier days," he wrote.