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Microsoft has conducted a third round of job cuts that impacted employees in roles related to supply chain, Artificial Intelligence (AI) and Internet of Things (IoT). According to CRN, the third wave of layoffs are part of the 10,000 job cuts announced by Microsoft earlier this year. Job cuts were across various levels, functions, teams and geographies, the report said, quoting the company. In Washington state, the tech giant recently sacked 689 employees, according to records. In February, Microsoft informed Washington State that 617 employees were let go. In the same month, the company notified the state of California that 108 employees were let go. Microsoft currently has more than 220,000 employees, and layoffs affected around 5 per cent of its workforce. Meta cut roughly 11,000 jobs, or about 13% of its employees, last year. The reductions this year are expected to reach the same proportion of those who remain, the people said, though the final count of the cumulative cuts expected over the second quarter isn’t yet clear. https://www.dailypioneer.com/2023/technology/microsoft-s-3rd-layoff-round-hits-employees-in-supply-chain--cloud--iot-biz.html https://www.wsj.com/amp/articles/facebook-parent-plans-new-job-cuts-that-could-match-last-years-tally-2d5b256c |
