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Microsoft Layoffs: माइक्रोसॉफ्ट 11,000 कर्मचारियों को दिखाएंगे बाहर का रास्ता
Microsoft Corp plans to cut thousands of jobs with some roles expected to be eliminated in human resources and engineering divisions
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Microsoft Layoffs: माइक्रोसॉफ्ट 11,000 कर्मचारियों को दिखाएंगे बाहर का रास्ता.
#microsoft #microsoftlayoffs #techcompany
Microsoft Layoffs: माइक्रोसॉफ्ट 11,000 कर्मचारियों को दिखाएंगे बाहर का रास्ता
Microsoft Corp plans to cut thousands of jobs with some roles expected to be eliminated in human resources and engineering divisions
get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Subscribe on YouTube.
Microsoft Layoffs: माइक्रोसॉफ्ट 11,000 कर्मचारियों को दिखाएंगे बाहर का रास्ता
News video | 397 views
माइक्रोसॉफ्ट ने सोमवार को यहां अपने भारत विकास केंद्र (आईडीसी) में 'माइक्रोसॉफ्ट गैराज' को आधिकारिक रूप से शुरू कर दिया है। सॉफ्टवेयर दिग्गज ने एक बयान में कहा कि यह गैराज माईक्रोसॉफ्ट के कर्मचारियों के लिए एक संसाधन है, जो नए व इनोवेटिव तरीकों से प्रॉब्लम-सॉल्विंग को बढ़ावा देता है
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अब Microsoft ला रहा है Surface Phone जो होंगे स्मार्टफ़ोन से एकदम अलग | Microsoft Surface Phone
Watch अब Microsoft ला रहा है Surface Phone जो होंगे स्मार्टफ़ोन से एकदम अलग | Microsoft Surface Phone With HD Quality
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Microsoft has acquired productivity platform Ally.io to help improve employee experience by aligning their work to the company's strategic mission and core priorities. The startup is founded by 14-year Microsoft veteran Vetri Vellore.
Microsoft acquires Ally.io founded by Microsoft veteran Vetri Vellore
Technology video | 167 views
Microsoft releases new default font for Microsoft Outlook and Word- Aptos #shortsvideo
Technology video | 288 views
INDIA से US तक उड़ानें ठप, Microsoft में खराबी से दुनिया परेशान | World Airline Server down News |
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INDIA से US तक उड़ानें ठप, Microsoft में खराबी से दुनिया परेशान | Microsoft Global Outage Updates
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थम गई दुनिया, Microsoft Server ठप, एयरपोर्ट पर भारी अफरातफरी | MICROSOFT GLOBAL OUTAGE LIVE UPDATES
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थम गई दुनिया, Microsoft Server ठप, एयरपोर्ट पर भारी अफरातफरी | MICROSOFT GLOBAL OUTAGE LIVE UPDATES
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શું સાચી સાબિત થઈ બાબા વેંગાની ભવિષ્યવાળી? ના થવાનું થયું Microsoft સાથે #Microsoft #BabaVanga
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During and post Covid, several companies doubled their sizes — including some small tech firms that hired crazily because the world was going towards digitization. “Now, when it starts becoming more ‘unit economics–driven,’ it will become an opportunity for some companies to cut their unnecessary load, and demand may also slow down, given the overall global macroeconomic scenario. Hence, employers are forced to re-adjust their cost structures to the available demand.”
Tech layoffs are skyrocketing and several enterprises are opting for mass layoffs and freezing hirings to maintain the profit ratio by tightening their belts and they are in a good faith that everything will go on-line, digital is going to drive the market on their own terms but creating a global scenario as the uncertainties in the market and challenging global macroeconomic conditions. Thousands of employees have lost their jobs in the country and are sharing their bitter layoff experience.
Job cuts are hitting the tech sector hard after years of unbridled growth. Facebook parent Meta, Twitter, Shopify, Salesforce, Stripe and CISCO have laid off thousands of employees to weather the rough macroeconomic conditions. The past few months have been difficult for people working in the private sector in India, particularly for employees of tech companies.
It’s not just the startups that are laying off people, but also storied IT services organizations. Amazon will continue to lay off employees in the coming year. Thankfully, there is no such prospect of recession in India.
Experts believe this might be just the beginning of job cuts in India. Startups with unicorn status including Byju’s Unacademy, Meesho, Ola, Blinkit, Cars24 and others, have laid off thousands of people in their workforce.
Secondly, organizations have been bullish and anticipating a higher valuation and a lot of inflow of funds from venture capitalists. Probably the organizations could not anti
Technology video | 164 views
The ongoing #RussiaUkraineWar has contributed to the layoffs in the job market as it has made the market more volatile. This is clearly visible from stock market volatility. A potential economic recession is a big red flag. With inflation soaring in most parts of the world, leading to a crisis in the job market as well. The International Monetary Fund has cited forecasts for global GDP growth in both 2022 and 2023 as gloomy. These measures involved increasing the interest rates.
We have seen how the U.S. multinational companies including tech giants Amazon, Meta, Intel, Twitter, Citi, Morgan Stanley and Adobe, announced massive layoffs. These developments are bound to have an impact on India’s export prospects, especially in the information technology sector. The Indian IT services firms are among the largest employers in the organized sector and any global economic trend is bound to have an impact on their growth projections.
The attrition rates or the number of employees per 100 quitting on their own, of the top two firms, TCS and Infosys, show that these rates are still high, which means that there is enough business for the sector for competitors to draw away employees with promise of higher salaries. For instance, all top companies except Wipro saw a rise in revenue and net profit.
The news of layoffs in the Indian start-up front is predominantly in Edtech, or the educational technology front. During the pandemic, there was a surge in demand as people were in lockdown, and were spending a lot of time on the internet. The overall consumption saw an upsurge following which the companies went to increase their output to meet the market requirements.
As the demand is coming back to pre-Covid levels and seeing the debt bubble almost about to burst and fearing recession, Managements during a recession look critically at headcount numbers to cut costs and protect profit margins as they are accountable to investors.
Experts
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