According to a report by The Seattle Times, Microsoft has dismissed 559 workers from its offices in Bellevue and Redmond, which are located in the state of Washington in the United States. To date, the corporation has terminated the employment of 2,743 people in the Seattle area alone. Particularly noteworthy is the fact that the corporation had already announced the elimination of 10,000 jobs earlier this year.
It was reported that the Washington State Employment Security Agency would be the one to make the announcement, and the majority of those affected would be workers in Microsoft’s security operations.
The most recent round of layoffs, according to a spokeswoman for Microsoft, are being carried out as part of an effort to bring the company’s cost structure in line with the revenue that was disclosed in January. For those who are unaware, the supply chain, Artificial Intelligence (AI), and Internet of Things industries were represented among the 10,000 workers let go in the beginning of 2023.
Microsoft CEO Satya Nadella had announced at the time that the company would be making adjustments that would result in a decrease of our overall staff by 10,000 positions by the end of the third quarter of fiscal year 2023 (FY23 Q3) (third quarter). The number of people affected by the layoffs was approximately five percent of the corporation’s overall workforce. The company had more than 2,20,000 employees.