Microsoft is laying off around 3% of its workforce. The company announced that over 6,000 workers will be laid off as a result of recent budget cuts. The layoffs are expected to hit various parts of Microsoft, including its software, hardware, and gaming divisions.
A spokesperson says that these new layoffs come as a result of the “dynamic marketplace” and are necessary to position the company “for success”. Some layoffs are also expected to hit Microsoft’s international offices as well as its LinkedIn-owned business division.
According to a report, the latest job cuts are also targeting Microsoft’s managerial staff, with a number of company managers being let go as Microsoft aims for “increasing agility by reducing layers with fewer managers”.
The latest job cuts come right after Microsoft reduced its Xbox employee base back in September as a result of the Activision/Blizzard restructuring. Around this time last year, the company also laid off around 2,000 staff members and closed various game studios. Since 2023, Microsoft has laid off over 10,000 staff members as a result of its purchase of Activision Blizzard and its so-called “dynamic marketplace restructuring”.
