{"id":42278,"date":"2025-05-13T20:08:03","date_gmt":"2025-05-13T20:08:03","guid":{"rendered":"https:\/\/isafespend.com\/?p=42278"},"modified":"2025-05-13T20:08:04","modified_gmt":"2025-05-13T20:08:04","slug":"microsoft-is-laying-off-over-6000-employees-report","status":"publish","type":"post","link":"https:\/\/isafespend.com\/?p=42278","title":{"rendered":"Microsoft Is Laying Off Over 6000 Employees: Report"},"content":{"rendered":"<div>\n<p>Microsoft is laying off around 3% of its workforce, beginning Tuesday.<\/p>\n<p>While Microsoft didn&#8217;t give an exact number, as of June 2024, the tech giant employed around 228,000 full-time workers, which means more than 6,600 employees could be laid off.<\/p>\n<p><b>Related:<\/b> One of Microsoft&#8217;s Most Popular Products Is About to Skyrocket in Price<\/p>\n<p>&#8220;We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace,&#8221; a Microsoft spokesperson said in a statement to CNBC.<\/p>\n<p>It&#8217;s the largest layoff from the company since 2023, when it cut 10,000 jobs and froze salaries for full-time employees. (The company restarted salary raises based on performance in 2024.)<\/p>\n<p>Microsoft said the new cuts will affect all locations and levels, including LinkedIn and Xbox, but the focus is on reducing managers, per the AP.<\/p>\n<p>In January, Business Insider reported that layoffs at Microsoft were coming &#8220;soon,&#8221; focused on &#8220;underperforming employees&#8221; in various roles, including security, the company said. Those layoffs reportedly already occurred.<\/p>\n<p><b>Related: <\/b>Microsoft Employees Are Banned From Using This Popular AI App<\/p>\n<p>Then, on an April earnings call, Chief Financial Officer Amy Hood said that the company would increase its &#8220;agility&#8221; by &#8220;reducing layers with fewer managers.&#8221; Microsoft reported better-than-expected results, with $25.8 billion in quarterly net income.<\/p>\n<p>Microsoft, which is headquartered in Redmond, Washington, is currently the most valuable company in the world, with a market cap of $3.337 trillion at press time.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.entrepreneur.com\/business-news\/microsoft-is-laying-off-over-6000-employees-report\/491556\" target=\"_blank\" rel=\"noopener\" rel=\"nofollow\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Microsoft is laying off around 3% of its workforce, beginning Tuesday. While Microsoft didn&#8217;t give an exact number, as of June 2024, the tech giant employed around 228,000 full-time workers, which means more than 6,600 employees could be laid off. Related: One of Microsoft&#8217;s Most Popular Products Is About to Skyrocket in Price &#8220;We continue<\/p>\n","protected":false},"author":1,"featured_media":42279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[32],"class_list":{"0":"post-42278","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-make-money","8":"tag-featured"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Microsoft Is Laying Off Over 6000 Employees: Report | iSafeSpend<\/title>\n<meta name=\"description\" content=\"Microsoft is laying off around 3% of its workforce, beginning Tuesday.While Microsoft didn&#039;t give an exact number, as of June 2024, the tech giant\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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