Microsoft To Reduce Workforce By 3%, Report Finds

Microsoft To Reduce Workforce By 3%, Report Finds

According to CNBC, Microsoft is laying off 3% of its global workforce. It is its biggest round since cutting 10,000 jobs last year.And this time, it’s not about underperformance. The company is reportedly trimming management layers across the board, from entry-level to executive roles. Why Now?It’s all part of a high-stakes pivot. Microsoft is pouring billions into AI—think Copilot, ChatGPT, and its powerhouse Azure cloud business.And while the …