Microsoft is about to trim its worldwide workforce by 3%, CNBC reports. The company had around 228,000 employees worldwide as of June, it says, meaning more than 6,500 could be affected by the cuts.
It would be one of the company’s largest staff reductions since it cut 10,000 people in 2023.
A Microsoft spokesperson told TechCrunch, “We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace.”
In April, Microsoft reported a solid quarter of $70.1 billion in revenue (up 13%) and net income profits of $25.8 billion (up 18%), which was even better than analysts expected. Even so, this new round of layoffs is expected to hit all levels, locations, and teams. The company also had layoffs back in January, though it said those were performance-based. This fresh round of layoffs is not performance-related, a spokesperson told CNBC.
Thousands upon thousands of workers have been laid off from Big Tech companies in just the past year. Amazon and Meta also conducted layoffs in January.
