Microsoft Announces Major Layoff Cutting 9,000 Jobs

Microsoft is implementing a second round of significant job cuts this year, impacting approximately 9,000 employees across various teams and regions.

Bloomberg reports that Microsoft has announced a new wave of layoffs affecting about 9,000 workers. This marks the second major round of job cuts for the tech giant this year, as it aims to control costs in a dynamic market environment. The company hopes to streamline processes and reduce management layers through the cuts.

According to a Microsoft spokesperson, the layoffs will impact less than four percent of the company’s total workforce and will be felt across different teams, geographies, and levels of tenure. The cuts are part of an effort to optimize the company’s organizational structure and position it for success in the rapidly evolving tech landscape.

“We continue to implement organizational changes necessary to best position the company and teams for success in a dynamic marketplace,” the spokesperson stated.

This latest round of layoffs follows an earlier wave in May, which affected 6,000 employees, primarily in product and engineering roles. Bloomberg had previously reported that Microsoft was planning thousands of additional job cuts in July, targeting salespeople and divisions such as Xbox.

As of June 2024, Microsoft employed 228,000 workers, with 45,000 of them in sales and marketing positions. The company often undergoes restructuring and announces other changes near the end of its fiscal year, which concludes in June.