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Microsoft confirms performance-based job cuts across departments - TL;DR CNBC

Microsoft confirms performance-based job cuts across departments

Publishing timestamp: 2025-01-09 00:19:23


Summary

Microsoft is cutting a small percentage of jobs based on performance, affecting less than 1% of employees. The company is focusing on high-performance talent and helping people learn and grow. Despite recent downsizing efforts, Microsoft is still touting growth opportunities, particularly in AI.


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Tickers: MSFT

Keywords: technologyjobsbreaking news: technologysatya nadellaenterprisemicrosoft corpbusinessbusiness news

Source: https://www.cnbc.com/2025/01/08/microsoft-confirms-performance-based-job-cuts-across-departments.html


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