Microsoft to lay off 7,000 employees globally in its biggest workforce cut since 2023: Report

Microsoft is laying off around 7,000 employees, approximately 3% of its global workforce, as part of a broader cost-cutting strategy, CNBC reported on Tuesday. The layoffs will span various levels and geographies and mark the company’s most significant job reduction since 2023, when it let go of 10,000 workers.

While a smaller round of performance-related layoffs occurred in January, the current cuts are aimed at streamlining operations and reducing management layers. The tech giant is reallocating resources as it continues investing billions of dollars into artificial intelligence, a key focus of its future growth strategy.