By MATT O’BRIEN
Microsoft says it is laying off nearly 3% of its entire workforce.
Related Articles
Nvidia to send 18,000 AI chips to Saudi Arabia $373,200 income required to buy Orange County home, up 129% in five years US egg prices fall for the first time in months but remain near record highs Wall Street climbs following a slowdown in inflation as the S&P 500 erases its loss for 2025 UnitedHealth Group CEO steps down as company lowers, then withdraws financial outlook for 2025The tech giant didn’t disclose the total amount of lost jobs but it will amount to about 6,000 people.
Microsoft employed 228,000 full-time workers as of last June, the last time it reported its annual headcount. About 55% of those workers were in the U.S.
Microsoft, based in Redmond, Washington, said the layoffs will be across all levels and geographies but will focus on reducing management levels. Notices went out on Tuesday.
Microsoft announced a smaller round of performance-based layoffs in January. But the 3% cuts will be Microsoft’s biggest reported layoffs since early 2023, when the company cut 10,000 workers, almost 5% of its workforce, joining other tech companies that were scaling back their pandemic-era expansions.
The latest layoffs come just weeks after Microsoft reported strong sales and profits that beat Wall Street expectations for the January-March quarter, which investors took as a dose of relief during a turbulent time for the tech sector and U.S. economy.
Microsoft’s chief financial officer, Amy Hood, said on an April earnings call that the company was focused on “building high-performing teams and increasing our agility by reducing layers with fewer managers.” She also said the headcount in March was 2% higher than a year earlier, and down slightly compared to the end of last year.
Read More Details
Finally We wish PressBee provided you with enough information of ( Microsoft to lay off about 3% of its workforce )
Also on site :