Microsoft laying off 6k employees
a year ago
- #Microsoft
- #Layoffs
- #Corporate Restructuring
- Microsoft announced layoffs of over 6,000 employees, about 3% of its workforce.
- This is the largest job cut since 2023 when 10,000 employees were laid off.
- Layoffs affect all levels, including LinkedIn and international offices.
- Microsoft CFO Amy Hood previously hinted at reducing management layers for agility.
- Earlier in the year, Microsoft initiated performance-based cuts affecting hundreds.
- Previous layoffs included 1,900 Activision Blizzard and Xbox employees in 2023.
- In May 2024, Microsoft closed several game studios, including Tango Gameworks and Arkane Austin.
- Tango Gameworks later revived through a deal with Krafton.
- Additional layoffs included 650 Xbox employees in September and 1,000 from HoloLens and Azure teams in June.