The company announced in July that a few jobs were being cut and that it would increase its workforce over time.
The Microsoft Corporation Today, citing a source, Axios reported 1,000 employees across departments this week, making it the latest US technology company to cut jobs or reduce hiring amid the global economic slowdown.
The layoffs affected less than 1 percent of the company’s total workforce, or about 221,000 employees, as of June 30.
The company announced in July that a few jobs were being cut and that it would increase its workforce over time.
Microsoft did not immediately respond to a Reuters request for comment on the Axios report.
Several tech companies, including Meta Platforms Inc (formerly Facebook), Twitter Inc and Snap Inc, have cut layoffs and cut hiring in recent months as global economic growth slows due to rising interest rates, rising inflation and the energy crisis in Europe.
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