Microsoft is set to lay off 6,000 workers, amounting to nearly 3 per cent of its global workforce, The Guardian reported.
The company, which employed 228,000 full-time workers as of June 2024, did not provide specific details on the positions being cut.
However, the layoffs are expected to affect employees at all levels and across various locations, with an emphasis on reducing management ranks. Notices were sent to affected employees on Tuesday.
In a statement, Microsoft explained that the cuts were part of a broader organisational restructuring.
“We continue to implement organisational changes necessary to best position the company for success in a dynamic marketplace,” the company said.
The move followed a smaller round of performance-based layoffs earlier this year, but the 6,000 job losses represent the largest such reduction since Microsoft laid off 10,000 workers, or about 5 per cent of its workforce, in early 2023.