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Microsoft is set to retrench around 1 percent of its workforce in India. The move is part of the firm’s aim to realign its business priorities across the globe.
Despite the job cuts, Microsoft will still be recruiting more workers in India. Some of the retrenched staff may be cross-trained to other divisions, reducing percentage of unemployed workers.
Microsoft explained in a statement, "We are currently working with the concerned employees to evaluate alternative positions internally, and where applicable look at mutually favorable disengagement terms."
Microsoft has about 5,500 in India, spread in various divisions. Companies all over India have been massively losing people and 1 percent is a small number compared to those having to cut hundreds, if not thousands of employees.
