Microsoft makes another round of jobs cuts amid slowing economy
(2022/10/18)
- Reference: 1666098006
- News link: https://www.theregister.co.uk/2022/10/18/microsoft_makes_another_round_of/
- Source link:
Microsoft is quietly making another round of job cuts to clip costs as even the biggest technology companies react to the financial storm clouds gathering over the global economy.
In the latest move, [1]first reported by Axios , Microsoft is understood to be laying off fewer than 1,000 people across the organization at all levels, teams and geographic locations. The company didn't specify numbers or areas where the reduction in personnel is taking place.
"Like all companies, we evaluate our business priorities on a regular basis ands make structural adjustments accordingly," said Microsoft in a statement. "We will continue to invest in our business and hire in key growth areas in the year ahead."
[2]
This is exactly the same statement Microsoft rolled out in July when it [3]made 1,000 staff redundant as part of its annual summer clean-up when kicking off a new financial year. At the time, the company insisted the move was not related to fears about the recession.
[4]
[5]
Among those leaving include KC Lemson, the creator of the Ninja Cat mascot.
Welp, who’s got two thumbs and just got laid off from Microsoft this morning?
2022 has been quite a year. [6]pic.twitter.com/JfsbwKvKfV — KC Lemson (@kclemson) [7]October 18, 2022
These are small percentages in the grand scheme of things: Microsoft employs 221,000 individuals. Nevertheless, those on the sharp end of the process will be looking for a new job amid rising inflation and a slowdown in certain segments of the tech world.
[8]More than 4 in 10 PCs still can't upgrade to Windows 11
[9]AWS, Microsoft, Google own 72% of Euro customer cloud spending
[10]Microsoft among software titans under spotlight for restrictive licensing
[11]BT CEO orders staff: Back to the office or risk 'disciplinary action'
The PC industry shipped 19.5 percent fewer boxes in calendar Q3, the steepest drop since Gartner began recording its volume in 1995. Microsoft already [12]slowed hiring for Windows, Office and Teams teams in May, and Intel paused recruitment in its related PC chip division.
At the time, Microsoft told us it was make sure it had the right level of resources "aligned to the right opportunity", and it would grow headcount in fiscal 2023.
Unfilled vacancies in the cloud division were also [13]closed a few months back , but we struggled to see the rationale given the massive growth Microsoft booked, growing the Intelligent Cloud division to $75.25 billion in the [14]year ended June 2022 from $60 billion in the prior fiscal.
[15]
Just last week, Microsoft said the challenging economy was playing into its hands in at least some ways. "I've not seen the current situation cause people to pause cloud spending", Scott Guthrie, cloud exec [16]told CNBC .
The software giant isn't alone in preparing for the runaway growth in technology spending to slow: Cisco, [17]Intel , [18]Meta , [19]Oracle and many, many more are also trying to act more prudently following the boom years of the pandemic. ®
Get our [20]Tech Resources
[1] https://www.axios.com/2022/10/18/microsoft-layoffs-latest-tech-firm-cuts
[2] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offprem/front&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=2&c=2Y07NmGR6QvtrBoVp2Ub6agAAAMU&t=ct%3Dns%26unitnum%3D2%26raptor%3Dcondor%26pos%3Dtop%26test%3D0
[3] https://www.theregister.com/2022/07/12/microsoft_laying_off_staff/
[4] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offprem/front&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44Y07NmGR6QvtrBoVp2Ub6agAAAMU&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0
[5] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offprem/front&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=3&c=33Y07NmGR6QvtrBoVp2Ub6agAAAMU&t=ct%3Dns%26unitnum%3D3%26raptor%3Deagle%26pos%3Dmid%26test%3D0
[6] https://t.co/JfsbwKvKfV
[7] https://twitter.com/kclemson/status/1582175419268501504?ref_src=twsrc%5Etfw
[8] https://www.theregister.com/2022/10/10/windows_11_adoption/
[9] https://www.theregister.com/2022/09/29/aws_microsoft_google_european_cloud_spend/
[10] https://www.theregister.com/2022/09/28/coalition_for_fair_software_licensing_microsoft_cloud/
[11] https://www.theregister.com/2022/09/21/bt_ceo_orders_staff_back/
[12] https://www.theregister.com/2022/05/27/microsoft_hiring_paused/
[13] https://www.theregister.com/2022/07/21/microsoft_unfilled_jobs/
[14] https://www.theregister.com/2022/07/27/microsoft_q4_and_full_2022_earnings/
[15] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offprem/front&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44Y07NmGR6QvtrBoVp2Ub6agAAAMU&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0
[16] https://www.cnbc.com/2022/10/12/microsoft-cloud-boss-scott-guthrie-customers-not-cutting-spending.html
[17] https://www.theregister.com/2022/06/09/intel_hiring_freeze/
[18] https://www.theregister.com/2022/05/10/uber_meta_employment_stocks/
[19] https://www.theregister.com/2022/07/11/oracle_cuts/
[20] https://whitepapers.theregister.com/
In the latest move, [1]first reported by Axios , Microsoft is understood to be laying off fewer than 1,000 people across the organization at all levels, teams and geographic locations. The company didn't specify numbers or areas where the reduction in personnel is taking place.
"Like all companies, we evaluate our business priorities on a regular basis ands make structural adjustments accordingly," said Microsoft in a statement. "We will continue to invest in our business and hire in key growth areas in the year ahead."
[2]
This is exactly the same statement Microsoft rolled out in July when it [3]made 1,000 staff redundant as part of its annual summer clean-up when kicking off a new financial year. At the time, the company insisted the move was not related to fears about the recession.
[4]
[5]
Among those leaving include KC Lemson, the creator of the Ninja Cat mascot.
Welp, who’s got two thumbs and just got laid off from Microsoft this morning?
2022 has been quite a year. [6]pic.twitter.com/JfsbwKvKfV — KC Lemson (@kclemson) [7]October 18, 2022
These are small percentages in the grand scheme of things: Microsoft employs 221,000 individuals. Nevertheless, those on the sharp end of the process will be looking for a new job amid rising inflation and a slowdown in certain segments of the tech world.
[8]More than 4 in 10 PCs still can't upgrade to Windows 11
[9]AWS, Microsoft, Google own 72% of Euro customer cloud spending
[10]Microsoft among software titans under spotlight for restrictive licensing
[11]BT CEO orders staff: Back to the office or risk 'disciplinary action'
The PC industry shipped 19.5 percent fewer boxes in calendar Q3, the steepest drop since Gartner began recording its volume in 1995. Microsoft already [12]slowed hiring for Windows, Office and Teams teams in May, and Intel paused recruitment in its related PC chip division.
At the time, Microsoft told us it was make sure it had the right level of resources "aligned to the right opportunity", and it would grow headcount in fiscal 2023.
Unfilled vacancies in the cloud division were also [13]closed a few months back , but we struggled to see the rationale given the massive growth Microsoft booked, growing the Intelligent Cloud division to $75.25 billion in the [14]year ended June 2022 from $60 billion in the prior fiscal.
[15]
Just last week, Microsoft said the challenging economy was playing into its hands in at least some ways. "I've not seen the current situation cause people to pause cloud spending", Scott Guthrie, cloud exec [16]told CNBC .
The software giant isn't alone in preparing for the runaway growth in technology spending to slow: Cisco, [17]Intel , [18]Meta , [19]Oracle and many, many more are also trying to act more prudently following the boom years of the pandemic. ®
Get our [20]Tech Resources
[1] https://www.axios.com/2022/10/18/microsoft-layoffs-latest-tech-firm-cuts
[2] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offprem/front&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=2&c=2Y07NmGR6QvtrBoVp2Ub6agAAAMU&t=ct%3Dns%26unitnum%3D2%26raptor%3Dcondor%26pos%3Dtop%26test%3D0
[3] https://www.theregister.com/2022/07/12/microsoft_laying_off_staff/
[4] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offprem/front&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44Y07NmGR6QvtrBoVp2Ub6agAAAMU&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0
[5] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offprem/front&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=3&c=33Y07NmGR6QvtrBoVp2Ub6agAAAMU&t=ct%3Dns%26unitnum%3D3%26raptor%3Deagle%26pos%3Dmid%26test%3D0
[6] https://t.co/JfsbwKvKfV
[7] https://twitter.com/kclemson/status/1582175419268501504?ref_src=twsrc%5Etfw
[8] https://www.theregister.com/2022/10/10/windows_11_adoption/
[9] https://www.theregister.com/2022/09/29/aws_microsoft_google_european_cloud_spend/
[10] https://www.theregister.com/2022/09/28/coalition_for_fair_software_licensing_microsoft_cloud/
[11] https://www.theregister.com/2022/09/21/bt_ceo_orders_staff_back/
[12] https://www.theregister.com/2022/05/27/microsoft_hiring_paused/
[13] https://www.theregister.com/2022/07/21/microsoft_unfilled_jobs/
[14] https://www.theregister.com/2022/07/27/microsoft_q4_and_full_2022_earnings/
[15] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offprem/front&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44Y07NmGR6QvtrBoVp2Ub6agAAAMU&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0
[16] https://www.cnbc.com/2022/10/12/microsoft-cloud-boss-scott-guthrie-customers-not-cutting-spending.html
[17] https://www.theregister.com/2022/06/09/intel_hiring_freeze/
[18] https://www.theregister.com/2022/05/10/uber_meta_employment_stocks/
[19] https://www.theregister.com/2022/07/11/oracle_cuts/
[20] https://whitepapers.theregister.com/
Slowing economy
ITS Retired
Or people finding other, often less aggravating ways to get the job done.
Probably both, as they have less money to spend because corporations over charging for almost everything.
Microsoft should have sacked 1,111 Employees, just to make the point.
Anonymous Coward
Microsoft should have sacked 1,111 Employees, just to make the point, how crap and utterly pointless an upgrade to Windows 11 is.
Get rid of that landfill clusterfcuk, Mr 'pumped' man for a Start. If only there was a delete option in the menu.
Is there is anyone else in the world, that could be linked so directly, to so much potential landfill crud, 'billions of pcs' through their actions, by imposing artificial constraints on the hardware, to sell new and shiny, (other than possibly a man named Tim). I'd actually say Mr 'pumped' is worse in this respect. Hopefully, his daughters will soon be old enough to tell him as much, regards the environmental outlook, they're be inheriting.
"Like all companies"
No. What you mean to say is : " like all multi-billion dollar behemoths who have departments to waste money on ".
Normal companies, like roadworks, construction and maintenance and, accounting, they are not laying off. They are always on the hunt for new hires because they know what it is they do and they don't waste time and money with frivolous pursuits.
Your job is Windows, and now Azure.
You need 220,000 people to do that ?
No wonder updates are such a clusterfuck.