Microsoft (MSFT) has laid off about 1,000 employees, which the company says is less than 1% of their workforce.
Microsoft has started layoffs today. I’m hearing some in Experiences + Devices, Xbox, legal, strategic tech positions, and elsewhere are impacted. The layoffs impact less than 1,000 employees, but some veterans and truly talented teams are impacted 😔 https://t.co/TpxABLt8v7
— Tom Warren (@tomwarren) October 18, 2022
This adds to a list of companies which are already freezing hiring or outright laying off workers, a potential signal of slowing economic growth.
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