Microsoft is reportedly about to lay off 3% of its workforce
a year ago
- #Big-Tech
- #Microsoft
- #Layoffs
- Microsoft is reducing its global workforce by 3%, affecting over 6,500 employees.
- This is one of the largest staff reductions since the 10,000 layoffs in 2023.
- A Microsoft spokesperson cited organizational changes for success in a dynamic marketplace.
- Despite strong Q2 revenue ($70.1B, up 13%) and net income ($25.8B, up 18%), layoffs are proceeding.
- Layoffs will impact all levels, locations, and teams, unlike January's performance-based cuts.
- Big Tech, including Amazon and Meta, has seen massive layoffs in the past year.