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Tech Giant Microsoft To Cut Jobs Amid Realignment Of Business Groups & Roles – $MSFT $DIA

By John F. Heerdink, Jr.

Reportedly, Microsoft (MSFT) has cut some jobs as it realigned business groups and roles after the close of its fiscal year on June 30. The technology giant plans to keep hiring for other roles and finish the current fiscal year with an increased headcount.

The layoffs, affecting less than 1% of the 180,000-person workforce, cover a variety of groups including consulting and customer and partner solutions and were dispersed across geographies.

Microsoft informed in an emailed statement, “Today we had a small number of role eliminations. Like all companies, we evaluate our business priorities on a regular basis, and make structural adjustments accordingly. We will continue to invest in our business and grow headcount overall in the year ahead.”
 


Redmond, Washington-based American multinational technology company Microsoft (MSFT) develops, manufactures, licenses supports, and sells computer software, consumer electronics, personal computers, and related services. To learn more about Microsoft (MSFT) and to track their progress please visit the Vista Partners Coverage Page.


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(Read Original Story: Microsoft Cuts Jobs in Structural Adjustment, Plans More Hiring in Bloomberg)


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