Microsoft is laying off additional workers following a declining pace of revenue from software products, in a move adopted by several technology companies lately to curb costs as recession looms ahead.
“Like all companies, we evaluate our business priorities on a regular basis, and make structural adjustments accordingly,” a Microsoft spokesperson told multiple media outlets. “We will continue to invest in our business and hire in key growth areas in the year ahead.”
Although the company has refused to reveal the exact number of jobs cut, media outlet Axios estimates the number to be less than 1,000. Layoffs have occurred across levels, teams and global offices of Microsoft, including Xbox and Edge divisions….