Microsoft to lay off about 6,000 workers
Microsoft layoffs affect nearly 2k WA employees
Layoff notices were sent out to thousands of Microsoft employees Tuesday morning, impacting roughly 3% of its global workforce.
Microsoft says it is laying off nearly 3% of its entire workforce.
The 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 logo is seen in New York City, United States on July 13, 2024. (Jakub Porzycki/NurPhoto via Getty Images)
Microsoft 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 celebrates 50 years
Microsoft turns 50 on Friday and the company said it's celebrating the achievements of its employees, customers and partners that have built and used Microsoft technology as a force for good, while also looking ahead to the future.
The Source: Information in this story came from Microsoft.
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