- Index hide3 Phil Spencer stated it is a difficult time for both Microsoft and Xbox on a business level.
In less than a year, around 15 companies in the sector have laid off more than 60,000 workers.
Microsoft would lay off 10,000 employees, which represents 5 percent of its workforce.
Phil Spencer stated it is a difficult time for both Microsoft and Xbox on a business level.
Xbox CEO Phil Spencer did not miss the opportunity to talk about the uncertainty that has been unleashed by the layoffs massive that have appeared in the last days, because the employees large Business What Amazon, Microsoft or Google have been harmed by these unfavorable changes.
wave of mass layoffs
It was recently revealed that Microsoft would lay off 10,000 employees, which represents 5 percent of its workforcethe company indicated that the cut in this equipment will take place during the current fiscal quarter, which ends on March 31, and it was also stated that this measure is part of a broader plan to reduce expenses.
Since last year the massive cuts of large technology companies have skyrocketed and at the beginning of this year this has continued. In the case of Google, the layoffs would be 12,000 people, 6.4 percent of the total, said company has justified its decision in a statement, commenting that, after years of spectacular growth, the company is facing a very different economic reality.
In the case of Amazonthe cut has been one of the largest, since its objective is to eliminate just over 18,000 jobs, including the layoffs that it announced last November, the date on which it had already cut some 10,000 jobs.
Nevertheless; These have not been the only cases, the wave of layoffs is really impressive and one of the largest, not seen before, since other large influential companies such as Goal, the parent company of Facebook, which laid off 11,000 workers; in addition to salesforcewhich made 7 thousand; Twitterwhich got rid of 3,700, or Teslawhich laid off 6 thousand, Elon Musk is involved in this, CEO of Twitter and Tesla.
In total, in less than a year, around 15 companies in the sector have laid off more than 60,000 workers. Although the amount could vary, depending on the source, since according to the Layoffs.if platform, at least 1,026 technology companies laid off more than 154,000 people during 2022.
Phil Spencer spoke about the uncertainty of layoffs at Xbox
The CEO of XboxPhil Spencer has given his point of view before the recent announcement of the massive cut of Microsoft since this will also have repercussions for the employees of Xbox so he has been really criticized for this and because of that Phil Spencer sent an email to the whole company to clarify some points, the email was sent and confirmed by Kotaku. In this you can see an optimistic message, however, he also stated that it is a challenging stage.
This has been a tough week at Microsoft and here within our teams. Now that many of the 1:1 and team conversations have occurred, I want to take a moment to reiterate the message that you heard from your leaders. This is a challenging time in our business, and this week’s actions were painful choices. The Games Leadership Team had to make decisions that we felt set us up for the long-term success of our products and businesses, but the individual results of those decisions are real. I know that hurts. Thank you for supporting our colleagues as they process these changes.
In the coming weeks we will have many opportunities to connect and answer your questions, including the monthly game update next week for the teams that attend that meeting, and I am in close contact with the ZeniMax teams to provide support. The GLT and I are committed to being as transparent as possible. Moving forward with ambiguity is challenging, but I am confident that together we will get through this difficult time.
Xbox has a long history of success thanks to the work it does in service to gamers, creators and each other. His work is highly appreciated and valued in these changing times and is an integral part of driving our business forward. I am confident in our future and I am proud to be part of this team, but I am also aware that this is a challenging time and I want to thank you for all you do here. Phil Spencer pointed out in his statement.
Xbox’s Phil Spencer Says Microsoft’s 10K Layoff ‘Hurts’ In Email To Staff
— Idle Sloth💙💛 (@IdleSloth84_) January 20, 2023
Obviously, these layoffs will cause the company to adjust again, since these absences will have an impact on the work team, as you mentioned. Phil Spencer, it’s kind of challenging.
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