Microsoft To Lay Off Over 9,000 Employees, 2nd Big Job Purge In Months: Report

2 months ago 105K
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Microsoft is preparing to lay off approximately 9,100 employees, marking its second significant round of job cuts in recent months. This decision affects around 4% of the company's workforce and represents the largest wave of layoffs since the beginning of the year. According to a report by the Seattle Times, this move is part of Microsoft's strategy to streamline operations and adapt to changing market conditions. The tech giant has been facing increasing pressure to enhance its efficiency and focus on core business areas. Industry analysts suggest that these layoffs could be a response to the broader economic challenges impacting the technology sector. While Microsoft has not publicly detailed which departments will be most affected, the cuts are expected to span various divisions, potentially impacting both technical and non-technical roles. In recent years, Microsoft has been investing heavily in cloud computing and artificial intelligence, areas that are likely to remain key priorities despite the workforce reduction. The company continues to experience robust growth in these sectors, which are seen as critical to its long-term success. As Microsoft navigates this transition, it remains committed to supporting affected employees with severance packages and job placement assistance.

— Authored by Next24 Live