According to Axios, Microsoft has laid off staff across numerous sectors, making it the latest major player in the software industry to reduce employment in the face of an economic slump. According to a representative for the publication: “We, like other businesses, examine our business goals on a regular basis and make structural modifications as needed. In the next year, we will continue to invest in our company and recruit in important growth areas.” While the internet giant did not specify which departments were impacted or how many individuals were laid off, Axios reported that there were less than 1,000 layoffs.
