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Microsoft rules out layoffs in India amid global job cuts
Microsoft India President confirms no layoffs planned, highlighting company's investment in India's AI innovation and job creation.
There have been reports of the company cutting a small percentage (less than 1 per cent) of jobs across departments globally, based on performance. In January 2024, the company’s gaming unit shed 1,900 jobs to reduce overlap, just three months after completing the $75.4 billion Activision Blizzard acquisition. For the same purpose, Microsoft tied up with the Ministry of Electronics and Information Technology (MeitY) under the IndiaAI Mission and also announced partnerships with companies like RailTel, Apollo Hospitals, Bajaj Finserv, Mahindra Group, and upGrad to accelerate AI-driven transformations in India.
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