Business

Really? Microsoft Is All Set To Lay Off Thousands Of Employees

न्यूज़ वर्ल्ड इंडिया | 0
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| July 4 , 2017 , 16:34 IST

According to reports, Microsoft is set to let go of thousands of its employees, as part of a worldwide restructuring of its company sales force. A source with information on the internal matter told TechCrunch that Microsoft is planning to lay off “thousands” of their staff across the globe.

The restructuring is focused on the company looking to slim down and combine its enterprise customer branch and at least one SME (small and medium enterprises) division. The source claimed the orders will go out to employees sometime this week.

"Microsoft is implementing changes to better serve our customers and partners," a Microsoft spokesperson told news agencies.

Tech news website GeekWire published what it indicated were excerpts from the Microsoft memo, which referred to an enormous business opportunity helping its customers with "digital transformations."

Satya Nadella has said that the tech giant's focus should shift from software to cloud computing and business services.

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"From large multinationals to small and medium businesses to non-profits all over the world, organisations are using Microsoft's cloud platforms to power their digital transformation," Nadella said when the company reported its earnings for the first three months of this year.

Microsoft reported revenue gains in cloud and business service operations, which offset a drop in "personal computing," which includes the Windows operating system that once made up its core business.

Microsoft said revenue from its "Intelligent Cloud" rose 11 percent from a year earlier to $6.8 billion. Microsoft said its Office commercial products and cloud services revenue increased seven percent.

Microsoft's cloud platform, called Azure, faces competition from technology powerhouses Amazon and Google.