Summary
- Microsoft is laying off 3% of its workforce, about 7000 employees.
- Despite revenue growth, the layoffs aim to reduce management layers.
- The recent layoffs are the largest since early 2023, affecting all company levels.
Over the past few years, alongside other corporations, Microsoft has consistently reduced its employee count, and there are no signs that this trend will end any time in the near future.
Two years back, Microsoft underwent large-scale job cuts, leaving numerous employees out of work. Last year as well, a significant number of Microsoft staff members experienced job losses.
According to a recent report by CNBC, Microsoft is initiating job cuts that could impact around 3% of their workforce. This is the largest round of layoffs for the company since early 2023, and it will reach every corner of the organization, from top management to entry-level positions, across all global locations.
According to the most recent updates from June 2024, Microsoft had approximately 228,000 workers. Therefore, it appears that roughly 7000 employees may soon be facing job loss. In reference to these layoffs, a representative from Microsoft stated:
[Microsoft Spokesperson Statement]
[The organization] will carry on making essential adjustments to optimally prepare for prosperity within a rapidly evolving business environment.
Increased Incomes Could Not Save The Workforce
In April this year, Microsoft revealed its earnings and financial statement, demonstrating significant growth in multiple sectors, as their earnings swelled by 18% compared to the same period last year.
A Microsoft representative claims the rationale for recent job cuts centers around streamlining management structures, which essentially translates to 7,000 individuals being let go from their positions.
It’s consistently disheartening and unfortunate to witness numerous employees in large corporations potentially facing job loss, even as the company’s yearly income rises significantly.
Read More
- Red Samurai’s True Identity in Death Stranding 2 Revealed by Kojima’s cryptic post
- Top 8 UFC 5 Perks Every Fighter Should Use
- Tainted Grail: How To Find Robbie’s Grave
- Find All 13 Bromides in Lunar Remastered Collection!
- How to Use Glowshard in Deltarune
- Pokemon GO: How To Get Crowned Sword Zacian & Shield Zamazenta (Can They Be Shiny)
- Pokemon GO: How To Get Volcanion (Can Volcanion Be Shiny)
- Tainted Grail the Fall of Avalon: Should You Turn in Vidar?
- USD ILS PREDICTION
- Best Settings for Stellar Blade – RTX 4060
2025-05-14 00:34