Microsoft to lay off 55 employees in India

Software giant Microsoft will lay off about 55 employees in India, which is one per cent of its Indian staff, as slowdown hits the sector, affecting business and profitability.      

The announcement on this is part of the Redmond-based company's decision in January this year to cut 5,000 jobs globally amid the ongoing slowdown.      

The company would lay off 55 employees from its 5,500 people-strong Indian operations in a bid to realign its business in the country, the Microsoft India spokesperson told PTI.      

When asked for details, the spokesperson declined to comment saying, "We are currently working with the concerned employees to evaluate alternative positions internally and where applicable look at mutually favourable disengagement terms."