Microsoft has confirmed it will be culling a few jobs out of its 121,000 strong employee base and that it is part of its regular business evaluation steps.
“Today, we are taking steps to notify some employees that their jobs are under consideration or that their positions will be eliminated,” Microsoft said in an email response to a number of media outlets.
Earlier there were reports that Microsoft could be culling as many as 3,000 jobs and while the job cuts have been confirmed by Microsoft, it hasn’t specified how many of its employees it will lay off. The layoffs come as the US software colossus refocuses its sales force on making Microsoft a pivotal part of businesses relying on cloud computing, according to media reports.
The timing of the announcement doesn’t come as a surprise, as the company ended its fiscal year on June 30.
Today, we are taking steps to notify some employees that their jobs are under consideration or that their positions will be eliminated.
Microsoft stock hasn’t reacted much to the news, probably due to the fact that the forward-looking market has already reacted to the rumors.
The CNBC report, quoting a company spokesperson said, “Microsoft is implementing changes to better serve our customers and partners.”