Overview
- Microsoft is eliminating approximately 9,000 positions across its global workforce, accounting for just under 4% of its 228,000 employees.
- This round focuses on reducing middle management layers across divisions to streamline decision-making and increase responsiveness.
- Sales teams, the Xbox gaming business and studios including King are among the units most affected by the cuts.
- Impacted employees will receive severance pay, extended healthcare coverage and job placement assistance, with priority consideration for openings in Microsoft Gaming.
- These reductions bring total layoffs since January 2024 to over 15,000 even as Microsoft’s latest quarter reported $25.8 billion in net income and 18% year-on-year profit growth.