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 internet earnings by 18% 12 months over 12 months, amounting to a complete of $25.8 billion.
Nevertheless, the corporate has continued to cut back its headcount — that is one in every of many rounds of layoffs to have already occurred this 12 months.
Microsoft has stated that these cuts are an try to cut down on its layers of management, following the lead of opponents like Amazon and Meta.