Microsoft says it's laying off 4% of workforce in latest round of cuts

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Microsoft, a starring U.S. bundle company, is laying disconnected 4% of its workforce, oregon astir 9,000 workers, successful a caller circular of occupation cuts, the institution said Wednesday.

The latest circular of layoffs comes aft the institution slashed implicit 6,000 jobs successful May and June, successful an effort to streamline operations. The erstwhile occupation cuts were intended to flatten the enactment "by reducing layers with less managers," Microsoft Chief Financial Officer Amy Hood said connected an April net call.

As of June 2024, the Redmond, Washington-based institution employed 228,000 radical worldwide, according to institution data

— This is simply a processing communicative and volition beryllium updated. 

The Associated Press contributed to this report.

Megan Cerullo

Megan Cerullo is simply a New York-based newsman for CBS MoneyWatch covering tiny business, workplace, wellness care, user spending and idiosyncratic concern topics. She regularly appears connected CBS News 24/7 to sermon her reporting.

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