Microsoft has laid off nearly 1,000 employees across multiple divisions of the company.
According to Axios, the move is yet another example of large tech companies cutting jobs after earlier moving to slow or freeze hiring as the broader economy cools, reports Business Standard.
However, the company declined to say how many jobs had been cut, but a source said the layoffs numbered under 1,000.
Multiple laid-off workers turned to Twitter and Blind, among other online forums, to share that their job had been cut.
Meta, which had already frozen hiring, plans to cut budgets in most divisions, with layoffs expected.
In the past few months, the tech giant has laid off nearly 2,000 employees across the globe.
Bd-pratidin English/Golam Rosul
