
Microsoft to lay off 6000 employees as part of workforce reduction plan
1 days ago
Microsoft is laying off about 6,000 employees, or 3% of its workforce. The company, which had around 228,000 employees, is making cuts despite reporting strong quarterly revenue of $70.1 billion and net income of $25.8 billion. This round of layoffs will affect all levels and teams and is not performance-related. Microsoft had previously reduced its staff by 10,000 earlier in 2023, amidst widespread layoffs in the tech industry.