HCL lays off 350 employees working on Microsoft project: Report

Amid harsh global market conditions, tech giant HCL Technologies has reportedly laid off 350 employees globally, including in India, Guatemala and the Philippines, who were working on a Microsoft news project, media reports said.

According to reports, the workers, who were employed by HCL’s client Microsoft’s news outlet MSN, reportedly learned that they have been let go at a town hall meeting last week.

The last day of employment is reportedly September 30 for the laid-off employees, who will receive severance compensation.