Microsoft cuts 4,800 jobs, about 2% of workforce, as new fiscal year begins

Microsoft announced layoffs of approximately 4,800 employees, representing around 2.1 percent of its total workforce, at the start of its new financial year. The cuts come roughly a year after the company eliminated about 9,100 positions in a previous round of layoffs. The roles most affected are within Microsoft's commercial sales operations and its Xbox gaming division. In an internal memo, Chief People Officer Amy Coleman attributed the reductions to a rapidly shifting technology landscape and the growing influence of artificial intelligence on how the company must operate.
This is an AI-generated summary. ShortSingh links to the original source for the complete article.



Discussion (0)
Log in to join the discussion and vote.
Log in