Microsoft Is Laying Off 3% of Its Workforce
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1don MSN
Microsoft began laying off thousands of employees, targeting less than 3% of its global workforce in a move to streamline operations and reduce management layers.
In the last few years or so, we have witnessed Microsoft laying off thousands of its employees. Back in 2023, the Redmond giant announced significant job cuts, affecting 10,000 employees. Microsoft then said it was a strategic decision to immunize itself from global changes.
Microsoft is cutting roughly 3% of its global workforce as the company shifts more resources toward the race to develop advanced artificial intelligence, the company confirmed on Tuesday.
Layoffs at Microsoft have been announced despite positive financial results, leaving employees alarmed over the future of work.