Markets MSFT

Microsoft Reportedly Plans New Round Of Layoffs Affecting Up To 2.5% Of Workforce

(RTTNews) - Microsoft Corp. (MSFT) is preparing another round of workforce reductions that could affect thousands of employees across multiple business units, according to a report by Business Insider citing people familiar with the matter.

The tech giant plans to cut less than 2.5% of its roughly 220,000-person workforce in the latest round of layoffs, the report said. That would be smaller than the workforce reductions announced in 2025, when the company eliminated about 6.5% to 7% of its global employee base.

According to Business Insider, the planned cuts are expected to include positions in sales, consulting and the company's Xbox gaming operations.

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Stocks Mentioned

Latest Articles

Data is currently not available