It hasn't even been a week since the Indian-origin CEO of global IT giant microsoft, satya Nadella, met prime minister Narendra Modi. After meeting the prime minister, satya Nadella announced training five lakh people from rural india in Artificial Intelligence. This gift from microsoft on the new year filled indians with joy. Meanwhile, a bad news is coming from Microsoft. This company has announced a big layoff.
Layoffs are being done on the basis of performance
microsoft has announced to lay off one percent of its company's staff. The company has two lakh 28 thousand employees worldwide. In this way, 2280 or about 2300 employees will be removed from the global workforce. The company has decided to do this with the underperforming staff. These include staff from many other departments including security. microsoft spokesperson told CNBC that we are focusing on high talent. The company helps its employees to learn and progress. Despite this, action is taken against those who do not perform. This is part of the company's new initiative of Global Talent Performance Management.
Performance report prepared after spending months
Before preparing the layoff plan of the staff, the managers have spent months preparing the performance report. Further action is to be taken on the basis of that. The vacancy created by the employees who will be removed will be filled by making new appointments. Microsoft's global workforce will remain stable. This is not the first time that microsoft is going to lay off staff. In 2023 also, the company had fired 10 thousand staff. Apart from this, minor layoffs were also done in its gaming zone Xbox. In other IT companies too, the phase of layoffs is going on since 2023.