Tech giant Microsoft announces that it is laying off three percent of its total workforce – approximately 6,000 people. It is the largest cutback since 2023, when five percent of the staff had to go.
The layoffs will take place at all levels and stretch across several countries. The news comes just a few weeks after the company defied market expectations and reported strong sales during the first quarter of the year.
Finance chief Amy Wood said in April that the company has focused on creating high-performing work teams and streamlining management with fewer managers.
In June last year, the company had 230,000 full-time employees, with slightly over half working in the USA.
