Microsoft is readying to cut more positions from its global workforce as tech giants continue reducing headcount to ride out rough economic conditions, according to media reports on Tuesday.
The computer industry stalwart could announce layoffs in its engineering divisions as early as Wednesday, Bloomberg News reported.
The Washington state-based company, which industry trackers say has more than 220,000 workers, trimmed its ranks of employees twice last year. “Over the last few weeks we have seen significant headcount cut reduction from stalwarts Salesforce and Amazon,” Wedbush analyst Dan Ives said in a note to investors.
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