Microsoft Laid Off Another 1,000 Employees

Josh WolfordBusiness

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The cost cutting at Microsoft continued this week, as the company laid off some more of its workforce.

The company quietly laid off around 1,000 employees on Wednesday, ahead of its FY16 Q1 earnings report.

From the New York Times:

Microsoft also continues to cut costs. On Wednesday, the company quietly laid off around about 1,000 employees, which amounts to less than 1 percent of its global work force, according to two people briefed on the layoffs who spoke on the condition of anonymity because the company did not plan to release the figure. The layoffs were in addition to earlier, deeper cutbacks in the company’s phone division.

“The job reductions were spread across more than one business area and country and reflect adaptations to business needs,” a company spokesman said in a statement.

In July, Microsoft announced it would be cutting around 7,800 jobs – mostly in its phone hardware business. About a year before that, CEO Satya Nadella announced a significant shakeup and set in motion the company’s biggest-ever job cuts – 18,000 in 12 months.

And in June, Microsoft sent around 100 Bing maps data collection engineers over to Uber.

As far as its earnings go, Microsoft reported revenue of $20.4 billion GAAP and $21.7 billion non-GAAP, a decline of about 12%. But its earnings did rise and it reported growth in key divisions.

Oh, and Bing is now profitable.

Image via Microsoft

Josh Wolford
Josh Wolford is a writer for WebProNews. He likes beer, Japanese food, and movies that make him feel weird afterward. Mostly beer. Follow him on Twitter: @joshgwolf Instagram: @joshgwolf Google+: Joshua Wolford StumbleUpon: joshgwolf