"The good news for employees at tech giant Microsoft (MSFT) is that there may be an alternative to the recently-issued return-to-office (RTO) policy. The bad news is that the alternative may be that you no longer work there at all. Another 42 Microsoft employees will never have the chance to complain about the RTO mandate, as they have just been shown the door."
"Perhaps more notably was the reason, or lack thereof, behind the loss of these 42 workers. Microsoft reps noted, "Organizational and workforce changes are a necessary and regular part of managing our business. We will continue to prioritize and invest in strategic growth areas for our future and in support of our customers and partners." It was unclear how the firing of these 42 workers contributed to strategic growth areas, or represented resources in non-strategic, non-growth areas."
Microsoft laid off 42 employees, a small but targeted reduction following earlier cuts of about 15,000 roles since May. The departed employees lost their jobs amid a recently issued return-to-office (RTO) policy and uncertainty over alternatives to that mandate. Company representatives described the changes as necessary organizational and workforce adjustments and said Microsoft will prioritize and invest in strategic growth areas and customer support. Observers questioned how the 42 terminations aligned with stated strategic priorities or signaled removal of non-growth resources. Microsoft also announced an Indie Selects Demo Fest as part of ID@Xbox and has invested about $5 billion in indie gaming support. Shares rose fractionally in midday trading.
Read at TipRanks Financial
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