Microsoft

In October, Microsoft reportedly initiated more layoffs, cutting close to 1,000 workers. This came as the software giant expected its fiscal first-quarter revenue growth to slow.

According to Axios, Microsoft announced layoffs across multiple divisions. It declined to say how many jobs it cut, but a source said the layoffs numbered under 1,000.

The latest Microsoft layoffs occurred across a variety of levels, teams and parts of the world.

Microsoft sent us the following statement:

“Like all companies, we evaluate our business priorities on a regular basis, and make structural adjustments accordingly. We will continue to invest in our business and hire in key growth areas in the year ahead.”