Microsoft to lay off 6k workers despite streak of profitable quarters

a year ago

Microsoft is laying off nearly 3% of its workforce, approximately 6,000 employees.
Layoffs will affect all levels and geographies, with a focus on reducing management layers.
The company employed 228,000 full-time workers as of last June, with 55% in the US.
This is Microsoft's largest layoff since early 2023 when it cut 10,000 jobs.
The layoffs follow strong sales and profits that exceeded Wall Street expectations.
Microsoft aims to increase agility by reducing management layers and building high-performing teams.

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