Microsoft plans to lay off 3% of its workforce, reportedly targeting management cuts as it changes to fit a “dynamic marketplace”

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According to a report from CNBC on Tuesday, Microsoft plans to reduce its staff by 3%, which will affect thousands of employees and result in their termination.

A Microsoft representative shared that we are still making internal adjustments aimed at ensuring our company thrives effectively in an ever-changing business environment, as reported to CNBC.

For the third quarter of fiscal year 2025, Microsoft announced impressive financial figures, generating a revenue of $70.1 billion (a 13% increase compared to the same period last year), and recording a net income of $25.8 billion (an improvement by 16% when compared to the previous year).

At present, it’s uncertain which specific departments are more impacted, but CNBC indicates that these recent layoffs aren’t tied to performance, rather they aim to streamline management structures by reducing excess levels.

Many other corporations have also experienced significant staff reductions in recent times. For instance, Intel has announced plans to dismiss more than 20,000 employees, equating to approximately 20% of their entire workforce.

Stay tuned for updates on this developing situation…

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2025-05-13 18:23