Microsoft will reduce its workforce by approximately 9,000 jobs, nearly 4% of its global staff, marking the largest layoff round since 2023. This decision follows an 18% increase in net income reported last quarter, amounting to $25.8 billion. The company aims to streamline its operations by reducing organizational layers and management levels. This layoff is part of a broader restructuring, with over 15,000 jobs eliminated this year. The cuts are also influenced by a shift towards artificial intelligence, as Microsoft invests heavily in AI infrastructure.
Microsoft announced today it will cut approximately 9,000 jobs, representing just under 4% of its global workforce, in its largest round of layoffs since 2023.
Despite posting an 18% year-over-year increase in net income last quarter-reaching $25.8 billion-Microsoft is moving ahead with significant headcount reductions.
The layoffs are part of a broader restructuring effort that has now seen over 15,000 jobs eliminated this year, including 6,000 positions in May.
Microsoft's move reflects a wider trend among major technology companies, many of which are undergoing similar workforce reductions as they double down on artificial intelligence.
Collection
[
|
...
]