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Microsoft is laying off 4,800 employees

A year after cutting around 9,100 employees, Microsoft is making further layoffs today as it begins its new financial year. The software maker is laying off around 4,800 employees today, approximately 2.1 percent of its workforce. Most of the employees affected by today’s cuts are in Microsoft’s commercial sales business or the company’s Xbox division.

SourceThe Verge AIAuthor: Tom Warren
Microsoft is laying off 4,800 employees
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Key points and analysis

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Key points

  • Microsoft lays off 4,800 employees (2.1% of workforce), mainly in commercial sales and Xbox.
  • Company says cuts due to tech industry changes and AI, but roles are not replaced by AI.
  • Xbox division sees 8% cuts now, aiming for 15% by fiscal year end; four studios being sold.
  • Over 30% of eligible employees took voluntary retirement; more than 4,000 redeployed internally.

Highlights and analysis are generated automatically and may contain errors. Check the original source.