Microsoft (MSFT, Financial) announced plans to lay off approximately 9,000 employees globally. This reduction will impact less than 4% of the company's worldwide workforce, encompassing various teams, regions, and experience levels.
In 2023, Microsoft has already implemented several rounds of layoffs. In January, it reduced its staff by less than 1% based on performance. The company cut over 6,000 jobs in May and at least 300 more in June. As of June 2024, Microsoft employs 228,000 individuals.
The most significant layoff in Microsoft’s history occurred in 2014, following its acquisition of Nokia's devices and services division, resulting in 18,000 job cuts.
