Microsoft Announces Major Layoffs Amid Performance Reviews
In a significant move, Microsoft has confirmed a series of layoffs across its departments, focusing on underperforming employees as part of a company-wide performance review strategy. This decision comes alongside similar actions from other major U.S. firms like Amazon, BlackRock, and The Washington Post, all of which are experiencing cuts as part of broader industry trends. Microsoft plans to lay off less than 1% of its workforce in this round, with specific targeting of employees who have not met performance expectations. Interestingly, the tech giant has ruled out job cuts in India this time, despite global layoffs taking place elsewhere. Experts warn that reliance on performance evaluations for layoffs could lead to broader issues, as many companies across various sectors brace for the changing job market.
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