business / employment
3 days ago

Microsoft Announces Layoffs Across Key Departments, Citing Strategic Shifts

Microsoft Announces Layoffs Across Key Departments, Citing Strategic Shifts
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7 Highlights
  • Microsoft announces layoffs in security, sales, and gaming due to strategic shifts.
  • Satya Nadella emphasizes security priorities following DHS-driven internal changes.
  • Charlie Bell leads the Secure Future Initiative, enhancing cybersecurity.
  • Microsoft acquires Activision Blizzard for $68.7 billion, boosting its gaming division.
  • Despite layoffs, Microsoft's revenue nears $250 billion, showing resilience.
  • Microsoft reduces workforce strategically, with 10,000 job cuts last year.
  • Microsoft's history features major acquisitions like LinkedIn and GitHub.
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