Thousands of employees may be impacted by the latest round of layoffs at Microsoft.
Microsoft is laying off thousands of its employees this week, according to media reports.Why It Matters
More than 100 large companies across various industries are laying off employees in May as businesses across the country are grappling with a shifting landscape including the potential for tariffs and emerging technologies that are reshaping the workforce. Others are seeking to improve efficiency and maximize profits by cutting the number of employees on the payroll.What to Know
Nearly 3 percent of all Microsoft employees, about 6,000 people, are receiving layoff notices, reported several tech and financial news outlets including CNBC and GeekWire.
The layoffs are affecting a range of levels and teams across the United States, GeekWire reported.
In June 2024, Microsoft had about 228,000 employees but some have been laid off since, according to the company’s website.
