Microsoft posted strong financial results on Thursday, sending shares of the company up 10 percent in trading today, part of an ongoing resurgence under CEO Satya Nadella.
But it’s not all good news on the Redmond campus. The company laid off about 1,000 employees this week, part of of an ongoing restructuring.
“The job reductions were spread across more than one business area and country and reflect adaptations to business needs. We go through this process in the most thoughtful manner possible, with the deepest respect for affected individuals,” the company said in a statement emailed to GeekWire.
The news was first reported by The New York Times.
Interestingly, the layoffs come after Microsoft said in April that the job cuts were largely over.
“We expect this to be the last of the anticipated broad cuts as part of the restructuring plan announced last July,” the company noted at the time.
As part of the restructuring effort announced by Microsoft last year, the company said it planned to lay off about 18,000 employees. Many of those cuts were connected to Microsoft’s acquisition of Nokia.
On Thursday, the company reported $21.66 billion in revenue for its first fiscal quarter, down 7 percent for the quarter, after adjusting for the deferral of revenue related to the Windows 10 launch. Analysts polled by Thomson Reuters were expecting the company to post $20.98 billion in quarterly revenue.
Profits were $5.38 billion, down slightly from the same quarter a year ago.
Here’s a look at the worldwide headcount at Microsoft, Google and Amazon.
