Data shows that Microsoft has laid off 16000 employees within 9 months, higher than the layoff target announced in January
On October 26th, it was reported that as of September 30th, 2023, Microsoft's global workforce had decreased to 215500, a decrease of over 16000 people from the peak of 232000 at the end of 2022, significantly exceeding the company's plan to lay off 10000 people announced in January.According to Microsoft Chief Financial Officer Amy Hood's statement on Tuesday during the company's earnings conference call, US media calculated Microsoft's latest total number of employees
On October 26th, it was reported that as of September 30th, 2023, Microsoft's global workforce had decreased to 215500, a decrease of over 16000 people from the peak of 232000 at the end of 2022, significantly exceeding the company's plan to lay off 10000 people announced in January.
According to Microsoft Chief Financial Officer Amy Hood's statement on Tuesday during the company's earnings conference call, US media calculated Microsoft's latest total number of employees.
Hood stated at the time that the number of employees at Microsoft had decreased by 7% year-on-year. Although the company did not mention the number of employees in its financial report, the above figures can be obtained by reviewing historical data and previously disclosed data.
In January of this year, Microsoft announced the layoffs of 10000 people, accounting for approximately 5% of its total workforce, which was part of the wave of layoffs in the entire technology industry at that time. In July of this year, after the end of the 2023 fiscal year, the company confirmed further layoffs in customer service, support, and sales departments, but did not disclose the scale of the layoffs at that time.
The latest statistics do not include employees of Activision Blizzard. As of December 2022, the company has 13000 employees. Microsoft officially acquired this gaming giant on October 12, after the end of the first quarter of the 2024 fiscal year (as of September 30, 2023).
At the time of Microsoft's large-scale layoffs, it coincides with the company's search for new growth opportunities in the fields of cloud computing and artificial intelligence, and its efforts to control costs. Microsoft's quarterly financial report released on Tuesday local time in the United States showed that operating expenses increased by only 1% to $13.3 billion.
Microsoft reported that its first quarter profit was $22.3 billion, an increase of 27%, and revenue was $56.5 billion, both of which exceeded Wall Street's expectations. (Small)
Tag: Data shows that Microsoft has laid off 16000 employees
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