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Microsoft Lays Off 7,000 People In Latest Round Of Massive Cuts
Microsoft has confirmed another round of massive layoffs. The company told CNBC that it's laying off 7,000 people, or about 3% of its workforce. The company employed 228,000 people as of June 2024.The layoffs impact workers "across all levels, teams, and geographies," CNBC reported. A spokesperson for Microsoft said the layoffs were necessary "to best position the company for success in a dynamic marketplace."Microsoft is making this move just after announcing that it made $70 billion in revenue and $25.8 billion in profit for the past three months alone.Continue Reading at GameSpot
Microsoft has confirmed another round of massive layoffs. The company told CNBC that it's laying off 7,000 people, or about 3% of its workforce. The company employed 228,000 people as of June 2024.
The layoffs impact workers "across all levels, teams, and geographies," CNBC reported. A spokesperson for Microsoft said the layoffs were necessary "to best position the company for success in a dynamic marketplace."
Microsoft is making this move just after announcing that it made $70 billion in revenue and $25.8 billion in profit for the past three months alone.Continue Reading at GameSpot
