Microsoft reportedly fired 200 more employees soon after firing 1800 employees as part of a restructuring effort. This time, it has requested that members of its R&D team look for alternative positions inside the Company within two months or else be prepared to take a severance.
This particular situation has an effect on even contract employees. This comes as a bit of a surprise as Microsoft announced plans to add more personnel soon at the same time it laid off the initial batch of 1800 employees. About 1% of the employees in consulting, customer, and partner solutions lost their jobs in the previous round.
This time, the impacted staff members are from the company’s Modern Life Experiences (MLX) business, which was established roughly four years ago to concentrate on customer retention, reports Business Inside. In July, the software behemoth already reduced employment, citing a need for restructuring.
According to recent reports, the software company is attempting to reduce expenses and costs. Employees have been instructed to cut back on spending on official gatherings, business travel, and outside training. According to media reports, managers have reportedly started paying for the food and beverages at team meetings out of their own pockets rather than billing the company for them.
Companies seem to be halting or stopping recruiting and turning to layoffs due to a fear of a recession.