Microsoft is reportedly set to lay off about 9,000 employees in a new round of job cuts.
According to CNBC, the layoffs will affect less than 4
percent of the company’s global workforce and will cut across multiple
departments, levels, and geographies.
“We continue to implement organizational changes necessary
to best position the company and teams for success in a dynamic marketplace,” a
spokesperson for Microsoft was quoted as saying in an emailed statement.
Internal sources told CNBC that the company is seeking to
flatten its management structure and make teams more agile.
Phil Spencer, the chief executive officer (CEO) of Microsoft
Gaming, confirmed in a memo that some roles within the gaming division would
also be affected.
“To position Gaming for enduring success and allow us to
focus on strategic growth areas,” Spencer said.
“We will end or decrease work in certain areas of the
business and follow Microsoft’s lead in removing layers of management to increase
agility and effectiveness”.
In January, Microsoft implemented performance-based layoffs
affecting less than one percent of its workforce. The company went on to cut
over 6,000 jobs in May, followed by at least 300 more in June.
Combined with earlier cuts, the latest reported layoffs
suggest that more than 15,000 roles may have been affected at Microsoft so far
this year.
As of June 2024, Microsoft reportedly had about 228,000
employees globally.
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