Microsoft is cutting jobs but will continue to hire in “key growth areas,” a company spokesperson confirmed to CNET on Tuesday.
The move comes as consumerdemand for tablets and PCs cools, and as tech companies brace for a broader global economic downturn.
Though Microsoft did not confirm the number of jobs it cut, the layoffsaffected nearly 1,000of itsapproximately 221,000 employeesacross the organization, including in theXboxgaming division, according tomultiplereports.
Citing a need for structural adjustments after an evaluation of its business priorities, Microsoft is the latest tech firm to cut staff in the face of slowing growth.Intel,Meta and Googlealso recently resorted to staff reductions, reports indicated.
“Like all companies, we evaluate our business priorities on a regular basis, and make structural adjustments accordingly,” a Microsoft spokesperson told CNET in an emailed statement.
“We will continue to invest in our business and hire in key growth areas in the year ahead.”
