Global economic crisis expectations are leading large companies to take some measures. Companies such as Tesla and Meta are downsizing in order to survive the fluctuations with the least damage. Technology giant Microsoft recently joined this caravan.
Microsoft lays off nearly a thousand employees
Giant corporations grapple with economic uncertainty. Employees are billed for falling incomes. Meta, Google, Tesla and many more choose this method to get less damage from the economic crisis. In addition, there are many companies that aggravate working conditions.
According to Axios, Microsoft, which carried out this policy quietly, could not stand the economic crisis any longer. The company parted ways with nearly a thousand employees from different offices. A company spokesperson stated that this is a temporary solution and they will make up for it. The spokesperson made the following statements in his statement:
Like all companies, we regularly evaluate our business priorities and make structural adjustments accordingly. We will continue to invest in our business and recruit in key growth areas over the coming year.
An era is coming to an end: Microsoft Office is retiring!
Microsoft Office, which has been in the lives of many people over the years, is disappearing into history. After this decision, the status of the programs is a matter of curiosity.
Microsoft has slowed hiring for Windows, Office and Teams groups this year. So much so that the company has been silently dismissing from the beginning of the year. However, the company’s dismissal of nearly a thousand people at once shows the impact of the crisis on the company. On the other hand, according to CEOs of large companies, the crisis does not seem to pass anytime soon.