Microsoft to Lay Off 3% of Employees

Microsoft announced it plans to lay off three percent of employees across all levels, teams, and geographies, according to CNBC.

“We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace,” said a Microsoft spokesperson. One goal is to reduce the number of layers of management.

Microsoft had 228,000 employees at the end of June 2024, which means around 6,840 employees will be laid off if the company has the same number of workers.

This would be the largest round of layoffs at Microsoft since the company let go 10,000 people in January 2023.

A life-long and avid gamer, William D’Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can follow the author on Bluesky.

Full Article – https://www.vgchartz.com/article/464680/microsoft-to-lay-off-3-of-employees/

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