Microsoft to Lay Off Nearly 4% of Global Workforce
6 Articles
6 Articles
Microsoft says it is cutting thousands of jobs in second round of layoffs in recent months
Microsoft says it is cutting thousands of jobs in its second round of mass layoffs in recent months. While it is unclear whether or not any Canadian jobs will be lost, the union representing 120 gaming industry workers employed by Microsoft in Quebec says it's likely the cuts will mostly impact U.S. workers.
Microsoft Lays Off 9,000 Workers, Or About 4% Of Global Workforce, Citing “Dynamic Marketplace”
Microsoft is laying off about 9,000 workers, or roughly 4% of its global workforce. “We continue to implement organizational changes necessary to best position the company and teams for success in a dynamic marketplace,” the tech giant said in a statement. Shares in Microsoft finished Wednesday’s trading session down a fraction. They have climbed 17% in 2025 to date. After more than a decade of expansion and dominion over the stock market,…
Microsoft to Cut About 4 Percent of Jobs Amid Hefty AI Bets
Microsoft is cutting nearly 4 percent of its workforce, marking the latest layoffs as the tech giant aims to control costs while making significant investments in AI infrastructure. This follows approximately 6,000 job cuts in May. The rising expenses of scaling AI are impacting Microsoft's margins, with June quarter cloud margins expected to decline.
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