Microsoft pushes ahead with plans to cut 10,000 jobs: involving HoloLens, Surface and Xbox

Thanks to CTOnews.com netizens, Mr. Air, Coje_He, the voice against the times, ThinkBou clue delivery! CTOnews.com, February 12 (Xinhua)-- Microsoft laid off 10, 000 jobs announced last month in its Surface devices, HoloLens hybrid reality hardware and Xbox divisions, according to people familiar with the matter.

The massive layoffs on HoloLens's hardware team have raised questions about whether the company will still produce third-generation smart glasses, according to people familiar with the matter. In addition, in the Xbox games division, marketing and Xbox game ecosystem teams are laying off staff.

Microsoft declined to comment, but said it was still committed to mixing reality with the current HoloLens 2 version.

On January 19, Microsoft announced that it would cut 10, 000 jobs by the end of the third quarter of fiscal 2023. CTOnews.com learned that Amy Hood, Microsoft's chief financial officer, said on an earnings call on January 25 that Microsoft's employee growth slowed relatively year-on-year in the fourth quarter of 2022, and that large-scale layoffs were made because Microsoft wanted the company's cost structure to be more aligned with revenue.

According to the financial report, in the second quarter of fiscal year 2023 ending December 31, 2022 (Microsoft's fiscal year begins in July of each year), Microsoft achieved revenue of $52.7 billion (currently about 358.887 billion yuan) in the second quarter, an increase of 2 percent over the same period last year. Net profit was $16.4 billion (currently about 111.684 billion yuan), down 12% from the same period last year.