According to reports on LinkedIn, which is owned by Microsoft, the recent layoffs also affect contracted recruiters in various locations.
A https://londonbusinessblog.com/ report first noted that the additional job losses were centered in
“About 200 employees of the Modern Life Experiences team have been told to change or resign from the company within 60 days,” the report said.
A company spokesperson declined to provide details to:
The Modern Life Experiences team focused on “bringing consumer products directly to the people who need them, enabling families to learn, discover and connect in a fun and safe environment.”
In June 2020, the MLX group launched Money in Excel, a template that allows users to automatically link bank, credit card, investment and loan accounts to Excel.
“Money in Excel” will be discontinued on June 30, 2023.
Last month, Satya Nadella-run Microsoft became the first tech giant to lay off employees as part of a “reshuffle”.
The layoffs at Microsoft affected nearly 1 percent of its 1.80,000 employees in all offices and product divisions.
Microsoft has also slowed hiring in the Windows, Teams, and Office groups.
Other tech companies that have laid off workers or delayed hiring in the current economic downturn include:
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