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Tech company Microsoft will hire 6,800 employees. This is about 3% of the total workforce of the company. At present, the company has about 2.28 lakh employees. This will be the largest pruning in Microsoft after 2023.
In 2023, the company fired about 10,000 employees. According to media reports, this trimming is not based on performance. A Microsoft spokesperson said that we are constantly implementing changes that are necessary to bring the company to better position.
In the last 1 year 8% Microsoft shares climbed In the last 1 year, Microsoft’s stock has seen a gain of $ 32.58 (7.82%). On 14 May 2024, the company’s stock was at $ 416.56, which has now reached $ 449.14. At the same time, this year it has now gained 7.30%.
Meta also fired 3600 employees Social media platforms Facebook and WhatsApp’s parent company Mata fired 3600 employees in January this year. Meta took this decision under the performance based job cut policy. About 5% of the employees were affected by the company.
Microsoft will invest Rs 25,722 crore in India In January, Microsoft Chief Executive Officer (CEO) Satya Nadella announced an investment of $ 3 billion, or Rs 25,722 crore in its cloud and Artificial Intelligence (AI) business in the next 2 years in India. Sathya Nadella announced this in Bangalore Phase of Microsoft AI Tour.
Meta, a parent company of social media platforms Facebook and WhatsApp, is going to remove its 3600 employees. Meta has taken this decision under the performance based job cut policy. The company’s CEO Mark Zuckerberg said that this would affect about 5% of the employees by the company. According to the September 2024 data, around 72,000 employees work in Meta.
Microsoft started in 1975 The Microsoft company began when most of the American typewriters used. Bill Gates laid its foundation with his childhood friend Paul Alan in 1975. It was named Microsoft by adding early words of microprocessors and software. Initially, the company created software for Personal Computer Altier 8800. In 1985, Microsoft launched a new operating system.
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