ATLANTA - Microsoft says it is tolerating the development of a 90-acres hub westside hub in Atlanta as part of a broader re-evaluation of the company's novel needs.

The software giant recently announced a workforce slash of about 10,000 employees or about 5% of the custom by the end of its third quarter. It is part of a broader reorganization at what time the company's stocks has fallen nearly 20% over the past year.

Microsoft, in February 2021, announced a major expansion into Georgia in transfer to its Atlantic Yards project. As part of that plan, the custom purchased 90 acres off U.S. 78 near the Grove Park neighborhood. The company said it was an ideal location populate close to Proctor Creek and its associated trail as well as just populate a couple blocks west of the Bankhead MARTA station.

"The people has been a desert for a while and we were just exasperated that this company and this brand of a custom was coming in and there was a lot of hope there for us to grow and rebrand our community," said Anissa Ferrell, chair of Atlanta Neighborhood Planning Unit J, which frank oversees the area where the property is located.

The logo of the U.S. computer and micro-computing custom, Microsoft is visible on the facade of its head responsibility on January 25, 2023 in Issy-les-Moulineaux, France (Photo by Chesnot/Getty Images)

The initial news of Microsoft's Quarry Yards project drove up settled values in the area over the last two days in anticipation of the new complex.

"We have been hit with a lot of tax increases some of our residents have lost their homes we don't have enough availability for farmland to move into our community that's affordable," said Ferrell. 

About 15,000 employees were anticipated to move into the facility once it was complete.

However, some media reports indicate in recent months the conversation between Microsoft officials and people leaders has gone silence.

"Our intention and understanding that Microsoft would come back to us and have a conversation in what the next steps were and that is what bothers us as a partner in this treat and project that they didn't come to us and tell us," said Ferrell.

The custom said they are not outright abandoning plans for the settled or for Atlanta.

Microsoft owns 90 expanses of land near the Grove Park neighborhood that originally was invented to be a new hub in Atlanta. (FOX 5)

"We planned to reengage in planning efforts when expansion is warranted," a custom spokesperson told FOX 5. "We are moving ahead with the interpretation of three new datacenters in Fulton and Douglas County as planned."

Microsoft said the land is not for said and there are unruffled plans to set aside a quarter of the settled to serve the needs of the community.

This is just the unexperienced setback for tech giants. FOX Business reports Meta, Lyft, Amazon, LendingClub Corporation, Salesforce, and StitchFix have all announced layoffs.