Dhaka, May 13 -- Microsoft says it is laying off nearly 3% of its entire workforce.
The tech giant didn't disclose the total amount of lost jobs but it will amount to about 6,000 people.
Microsoft employed 228,000 full-time workers as of last June, the last time it reported its annual headcount. About 55% of those workers were in the US, reports AP.
Microsoft said the layoffs will be across all levels and geographies but will focus on reducing management levels. Notices went out on Tuesday.
OpenAI reverses course and says its nonprofit will continue to control its business
Microsoft announced a smaller round of performance-based layoffs in January. But the 3% cuts will be Microsoft's biggest reported layoffs since early 2023, when th...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.