Microsoft Slashes 15,000 Jobs Amid Tech Industry Turmoil
Summary
In a major restructuring amid tech industry upheaval, Microsoft announces sweeping job cuts, slashing 15,000 positions across divisions and regions to streamline operations and adapt to technological shifts, despite robust financials.
Key Points
- Microsoft lays off 9,000 employees, bringing total job cuts to 15,000 this year
- The cuts span multiple divisions, geographies, and levels as Microsoft seeks to streamline operations
- Microsoft cites need to reduce organizational layers and adapt to rapid shifts in technology landscape despite robust financial results