Mint, New Delhi. Microsoft is planning to lay off about 11,000 employees. UK broadcaster Sky News has quoted sources as saying that Microsoft Corp is considering cutting around 5 percent of its workforce. That is, the company has about 11,000 employees, who can be shown the way out.
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According to a Bloomberg report, the company plans to cut the number of engineering divisions in a new round of layoffs. The company will cut the job due to slow demand and deteriorating economy.
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Let us tell you that earlier in October it was reported that Microsoft had laid off less than 1,000 employees in several divisions. Those cuts affected less than 1 percent of the software giant’s more than 200,000 employees. The company said in July that there have been some layoffs, but there will be an increase in the number of employees in the coming times. Let us tell you that as of June 30, the company had 221,000 full-time employees. Of these, 122,000 were employed in the United States and 99,000 internationally.
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