Microsoft Layoffs Hit Coders
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Layoff fears may be particularly prevalent in the tech space. Tech firms ramped up hiring during the pandemic when demand for their products surged. Forced remote work changed the landscape and paved the way to more jobs.
Microsoft is cutting roughly 3% of its global workforce as the company shifts more resources toward the race to develop advanced artificial intelligence, the company confirmed on Tuesday.
Microsoft says it will lay off thousands of workers. Triangle Forward Our next panel discussion in the Triangle Forward series will focus on technology, specifically the applications and opportunities of AI in multiple sectors,
Microsoft just announced they will be laying off 6,000 employees, but for now, we don't know how many will be from their gaming division.
Microsoft will cut 6,000 people — about three per cent of its global workforce — AFP reported. That includes 1,985 workers in its home state of Washington, according to a filing posted on the state's labour affairs agency website.
Layoffs at Microsoft have been announced despite positive financial results, leaving employees alarmed over the future of work.
The layoffs, which will affect almost 2,000 workers in Washington state, are meant in part to strip away layers of management and create more nimble teams.
On Tuesday, Microsoft confirmed a CNBC report that it will be laying off three percent of its workforce. Given that the tech giant had around 228,000 employees as of June 2024 (per the news outlet), that amounts to roughly 6,