Microsoft laying off about 6,000 people

Microsoft laying off about 6,000 people
Microsoft is laying off approximately 6,000 employees, which accounts for 3% of its workforce2. The company had around 228,000 employees worldwide as of June 20243. These layoffs are not performance-related but are aimed at reducing management layers and streamlining operations3.
Despite these cuts, Microsoft has reported strong financial results, including $70.1 billion in revenue and $25.8 billion in net income for the last quarter3. The layoffs will impact employees across all levels, teams, and locations3.
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