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Microsoft to Lay Off Up to 3% of Global Workforce
Microsoft is laying off around 3% of its workforce, or around 6,000 employees, as the technology giant looks to rein in costs while funneling billions of dollars into its ambitious bet on artificial intelligence.
The layoffs will impact employees across all levels, teams and geographies. The company is reducing headcount tied to its Redmond headquarters by 1,985 people, including 1,510 in the office. “We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace,” said a Microsoft spokesperson in a statement to CNBC.
The company reported better-than-expected results, with $25.8 billion in quarterly net income and an upbeat forecast in late April. At the end of June, Microsoft had 228,000 employees worldwide. This will be another large round of layoffs for Microsoft, following the elimination of 10,000 roles in 2023. In January, the company announced a small round of performance-based layoffs.
