ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/microsoft” target=”_blank”>Microsoft is planning to lay off thousands of employees in a bid to streamline operations, CNBC reported on Tuesday, citing a statement from the company.
In January, Microsoft let go of 2,000 underperforming employees without severance. The retrenchment had also affected staff in the gaming and sales divisions. The recent ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/layoffs” target=”_blank”>layoffs are not on the grounds of performance, though.
A company spokesperson told CNBC that the fresh layoffs, meant “to reduce layers of management”, will affect 3% of its workforce. Microsoft had a headcount of 228,000 as of last…
