Microsoft Reportedly Denies Plan To Lay Off Thousands, Calling It A Rumor

Benzinga2023-01-18

Microsoft Corporation has reportedly denied that it plans to lay off thousands of staff in its engineering and human resources departments.What Happened: The denial was made in an email to Gizmodo, ...

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href=https://www.benzinga.com/news/23/01/30454317/microsoft-reportedly-denies-plan-to-lay-off-thousands-calling-it-a-rumor><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft Corporation has reportedly denied that it plans to lay off thousands of staff in its engineering and human resources departments.What Happened: The denial was made in an email to Gizmodo, ...</p>\n\n<a href=\"https://www.benzinga.com/news/23/01/30454317/microsoft-reportedly-denies-plan-to-lay-off-thousands-calling-it-a-rumor\">Source 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engineering and human resources departments.What Happened: The denial was made in an email to Gizmodo, ...</p>\n\n<a href=\"https://www.benzinga.com/news/23/01/30454317/microsoft-reportedly-denies-plan-to-lay-off-thousands-calling-it-a-rumor\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.benzinga.com/news/23/01/30454317/microsoft-reportedly-denies-plan-to-lay-off-thousands-calling-it-a-rumor","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125008975","content_text":"Microsoft Corporation has reportedly denied that it plans to lay off thousands of staff in its engineering and human resources departments.What Happened: The denial was made in an email to Gizmodo, with a Microsoft spokesperson calling reports of the impending layoffs a “rumor.”“Like all companies, we evaluate our business priorities on a regular basis, and make structural adjustments accordingly,” said the spokesperson, reported Gizmodo.Microsoft did not immediately respond to Benzinga’s request for comment on the development.Why It Matters: The tech giant employs more than 200,000 workers, and according to earlier reports, was planning to cut 11,000 positions or 5% of its workforce.Microsoft was reportedly expected to cut one-third of its recruiting staff and put a freeze on hiring and not carry out normal hiring for one or two years.The layoffs, which would affect several engineering divisions as well, were reported to take place Wednesday.Price Action: On Tuesday, Microsoft shares closed 0.47% higher at $240.35 in the regular session and fell 0.35% in the after-hours 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workforce.</p><p>Microsoft was reportedly expected to cut one-third of its recruiting staff and put a freeze on hiring and not carry out normal hiring for one or two years.</p><p>The layoffs, which would affect several engineering divisions as well, were reported to take place Wednesday.</p><p><b>Price Action:</b> On Tuesday, Microsoft shares closed 0.47% higher at $240.35 in the regular session and fell 0.35% in the after-hours trading.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft Reportedly Denies Plan To Lay Off Thousands, Calling It A Rumor</title>\n<style 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departments.What Happened: The denial was made in an email to Gizmodo, ...</p>\n\n<a href=\"https://www.benzinga.com/news/23/01/30454317/microsoft-reportedly-denies-plan-to-lay-off-thousands-calling-it-a-rumor\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.benzinga.com/news/23/01/30454317/microsoft-reportedly-denies-plan-to-lay-off-thousands-calling-it-a-rumor","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125008975","content_text":"Microsoft Corporation has reportedly denied that it plans to lay off thousands of staff in its engineering and human resources departments.What Happened: The denial was made in an email to Gizmodo, with a Microsoft spokesperson calling reports of the impending layoffs a “rumor.”“Like all companies, we evaluate our business priorities on a regular basis, and make structural adjustments accordingly,” said the spokesperson, reported Gizmodo.Microsoft did not immediately respond to Benzinga’s request for comment on the development.Why It Matters: The tech giant employs more than 200,000 workers, and according to earlier reports, was planning to cut 11,000 positions or 5% of its workforce.Microsoft was reportedly expected to cut one-third of its recruiting staff and put a freeze on hiring and not carry out normal hiring for one or two years.The layoffs, which would affect several engineering divisions as well, were reported to take place Wednesday.Price Action: On Tuesday, Microsoft shares closed 0.47% higher at $240.35 in the regular session and fell 0.35% in the after-hours trading.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9956214667,"gmtCreate":1674011735159,"gmtModify":1676538916033,"author":{"id":"4115257325505790","authorId":"4115257325505790","name":"T202311701","avatar":"https://community-static.tradeup.com/news/816311e9879fbae4e952e2a5386f68ca","vip":1,"crmLevel":9,"crmLevelSwitch":0,"idStr":"4115257325505790","authorIdStr":"4115257325505790"},"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956214667","repostId":1125008975,"repostType":4,"repost":{"id":"1125008975","pubTimestamp":1674008879,"share":"https://ttm.financial/m/news/1125008975?lang=&edition=fundamental","pubTime":"2023-01-18 10:27","market":"us","language":"en","title":"Microsoft Reportedly Denies Plan To Lay Off Thousands, Calling It A Rumor","url":"https://stock-news.laohu8.com/highlight/detail?id=1125008975","media":"Benzinga","summary":"Microsoft Corporation has reportedly denied that it plans to lay off thousands of staff in its engin","content":"<html><head></head><body><p><b>Microsoft Corporation</b> has reportedly denied that it plans to lay off thousands of staff in its engineering and human resources departments.</p><p><b>What Happened:</b> The denial was made in an email to Gizmodo, with a Microsoft spokesperson calling reports of the impending layoffs a “rumor.”</p><p>“Like all companies, we evaluate our business priorities on a regular basis, and make structural adjustments accordingly,” said the spokesperson, reported Gizmodo.</p><p>Microsoft did not immediately respond to Benzinga’s request for comment on the development.</p><p><b>Why It Matters:</b> The tech giant employs more than 200,000 workers, and according to earlier reports, was planning to cut 11,000 positions or 5% of its workforce.</p><p>Microsoft was reportedly expected to cut one-third of its recruiting staff and put a freeze on hiring and not carry out normal hiring for one or two years.</p><p>The layoffs, which would affect several engineering divisions as well, were reported to take place Wednesday.</p><p><b>Price Action:</b> On Tuesday, Microsoft shares closed 0.47% higher at $240.35 in the regular session and fell 0.35% in the after-hours trading.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft Reportedly Denies Plan To Lay Off Thousands, Calling It A Rumor</title>\n<style 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departments.What Happened: The denial was made in an email to Gizmodo, ...</p>\n\n<a href=\"https://www.benzinga.com/news/23/01/30454317/microsoft-reportedly-denies-plan-to-lay-off-thousands-calling-it-a-rumor\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.benzinga.com/news/23/01/30454317/microsoft-reportedly-denies-plan-to-lay-off-thousands-calling-it-a-rumor","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125008975","content_text":"Microsoft Corporation has reportedly denied that it plans to lay off thousands of staff in its engineering and human resources departments.What Happened: The denial was made in an email to Gizmodo, with a Microsoft spokesperson calling reports of the impending layoffs a “rumor.”“Like all companies, we evaluate our business priorities on a regular basis, and make structural adjustments accordingly,” said the spokesperson, reported Gizmodo.Microsoft did not immediately respond to Benzinga’s request for comment on the development.Why It Matters: The tech giant employs more than 200,000 workers, and according to earlier reports, was planning to cut 11,000 positions or 5% of its workforce.Microsoft was reportedly expected to cut one-third of its recruiting staff and put a freeze on hiring and not carry out normal hiring for one or two years.The layoffs, which would affect several engineering divisions as well, were reported to take place Wednesday.Price Action: On Tuesday, Microsoft shares closed 0.47% higher at $240.35 in the regular session and fell 0.35% in the after-hours trading.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":69,"commentSize":3,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}