HRM (MGMT 3302) Final Project Group 3 - Microsoft Layoffs 1000 Employees

HRM (MGMT 3302) Final Project Group 3 - Microsoft Layoffs 1000 Employees
In 2024, Microsoft laid off approximately 1,000 employees globally, including in its gaming division, as part of broader cost-cutting measures. This followed a period of significant investments, like the $69 billion acquisition of Activision Blizzard, finalized in 2023, and a 63% increase in CEO Satya Nadella's compensation. While the layoffs aimed to streamline operations, they sparked discussions about fairness and corporate priorities, given the company's strong financial standing. The affected employees received severance packages, but the balance between financial gains and employee welfare remains a critical HR concern.