Microsoft has announced it will lay off nearly 3% of its global workforce, affecting approximately 6,000 employees, The Guardian reported. The cuts will span various levels and regions, with a focus on reducing management layers. The company, which employed 228,000 full-time workers as of June 2023, issued layoff notices on Tuesday.<\/p>\n\n\n\n
In a statement, Microsoft said the restructuring aims to better position the company for success in a fast-changing market. This marks its largest round of layoffs since early 2023, when it cut 10,000 jobs. The move comes despite Microsoft\u2019s strong financial performance.<\/p>\n\n\n\n
The company recently reported better-than-expected earnings for the fourth consecutive quarter. In April, CFO Amy Hood said Microsoft was aiming to build \u201chigh-performing teams\u201d by reducing managerial layers, noting that overall headcount in March had slightly declined from the previous quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"
Microsoft has announced it will lay off nearly 3% of its global workforce, affecting approximately 6,000 employees, The Guardian reported. The cuts will span various levels and regions, with a focus on reducing management layers. The company, which employed 228,000 full-time workers as of June 2023, issued layoff notices on Tuesday. In a statement, Microsoft …<\/p>\n","protected":false},"author":40,"featured_media":124942,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"yes","rop_publish_now_accounts":{"facebook_108372464460192_245495985553329":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[31],"tags":[6402],"class_list":["post-124941","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-microsoft"],"yoast_head":"\n