Microsoft is planning to put off 9,000 staff, impacting lower than 4% of its world workforce, in accordance with a report by CNBC.
Microsoft continues to beat expectations in its quarterly earnings; in its most up-to-date report, the corporate grew its web earnings by 18% yr over yr, amounting to a complete of $25.8 billion.
Nevertheless, the corporate has continued to scale back its headcount — that is one in all many rounds of layoffs to have already occurred this yr.
Microsoft has mentioned that these cuts are an try to chop down on its layers of management, following the lead of opponents like Amazon and Meta.
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