In July, Microsoft let go of a portion of its 180,000-person workforce, and this week it made another round of cuts. One of the groups responsible for customer focused project R&D at the company was the focus of the layoffs. The recent layoffs have had an impact on contracted recruiters in several locations.
Some employees were let go. Microsoft didn't deny that the layoffs had occurred, but they wouldn't give any details.
The company behind MileIQ, which was one of the most popular mileage- tracking apps, was acquired by Microsoft in 2015. The team collaborated with Microsoft's Family Safety group to create the first version of the Family Safety apps for mobile devices.
In February 2020 an executive shuffle put Eran Megiddo, CVP of Windows Product and Education, at the head of Microsoft's Education group. Max Wheeler, who joined Microsoft after the acquisition, is still a director of engineering.
Money in excel is a template that lets users connect bank, credit card, investment, and loan accounts to excel to get personalized insights On June 30, 2023, money in excel will be shut down. The team was responsible for creating innovative new customer experiences for families across Windows, Xbox, mobile, and the web.
Microsoft was trying to win back consumers by focusing onumer products and services, including family-oriented services. Microsoft introduced a " Kids Mode" for Edge and consumer-focused Teams, as well as personal subscriptions for Microsoft365. The pricing, strategy, partnerships and acquisitions were being worked on by Modern Life Planning.
Is the MLX group layoffs a sign of a change in strategy? What is clear is that Microsoft didn't deliver on expectations in its most recent fiscal quarter.
"As we manage through this period, we will continue to invest in future growth while maintaining intense focus on operational excellence and execution discipline."
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