MS Cuts Jobs Again... Targeting Azure Cloud and MR Divisions
Microsoft (MS) is set to implement layoffs targeting its Azure Cloud and Mixed Reality (MR) divisions.
According to the financial media outlet CNBC, MS confirmed on the 3rd (local time) that it announced a restructuring of its MR business unit, confirming these layoffs. This is a follow-up measure to last year's announcement of a restructuring plan involving approximately 10,000 employees. In January, MS carried out layoffs affecting around 1,900 employees in Blizzard and Xbox divisions.
On the same day, Business Insider reported that MS plans to cut up to 1,500 jobs in its Azure Cloud division. The Azure for Operators and Mission Engineering teams are subject to the restructuring.
However, MS confirmed that despite the layoffs of the affected employees, sales of HoloLens 2 will continue. It remains unclear whether a new model will be released.
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Meanwhile, on Monday, MS's stock price closed slightly lower on the New York Stock Exchange.
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