Microsoft will cut jobs - but only 1% of all workers

Microsoft also has to admit its defeat in the face of the global recession. However, not to the same extent as Intel.

Fewer than 1,000 people will be laid off; image: Windows Central

Many large companies, such as Meta or Salesforce, have stopped hiring employees as sales have dropped. Netflix and Intel go one step further: they do lay off workers. Now Microsoft is following suit.

However, the job cuts affect less than 1% of the total workforce - or fewer than 1,000 employees, according to a Microsoft spokesperson. The reason is that the company had a slowdown in revenue growth - as low as 5 years ago - in the last quarter. On October 25, Microsoft does then publish the current figures.