According to a report from Walla, Microsoft plans to lay off thousands of employees as early as next week. The number and scope of the cuts are not yet specified.
A report from Walla indicates that Microsoft is preparing to lay off thousands of employees next week. The report cites an unnamed source but does not provide details on the number of affected employees, departments, or geographical regions.
The layoffs would follow a broader trend in the global tech sector, which has seen major firms like Google and Amazon reduce headcount in recent months. Microsoft had previously laid off around 10,000 workers in early 2023, but since then has pursued a strategy focused on artificial intelligence investments rather than large-scale cuts.
The story is developing and The Zioneer will update as further details emerge.
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Source and signal
- Internal intake