This article exists as part of the online archive for HuffPost India, which closed in 2020. Some features are no longer enabled. If you have questions or concerns about this article, please contact indiasupport@huffpost.com.

Microsoft To Cut Over 1,000 Jobs In A New Round Of Layoffs

Microsoft To Cut Over 1,000 Jobs In A New Round Of Layoffs
Microsoft Corporation Campus Sign Redmond Washington
James Marvin Phelps/Flickr
Microsoft Corporation Campus Sign Redmond Washington

NEW DELHI -- Microsoft Corporation, a multinational technology company, is likely to cut around 1,000 jobs in a new round of layoffs, as reported by CNBC on Thursday.

The company had in a statement in July said that they were planning to cut 7,800 jobs or nearly seven percent of its workforce.

Microsoft had yesterday reported better-than-expected quarterly adjusted revenue for the ninth quarter in a row, boosted by heavy demand for its cloud products.

Contact HuffPost India

Close
This article exists as part of the online archive for HuffPost India, which closed in 2020. Some features are no longer enabled. If you have questions or concerns about this article, please contact indiasupport@huffpost.com.