US EditionMicrosoft laying off about 9,000 employees in latest round of cuts
- In a statement on Wednesday, Microsoft announced approximately 9,000 layoffs, about 4% of its global workforce, impacting its gaming division and AI initiatives.
- Prompted by rising costs and AI investments, Microsoft is reducing management layers to stabilize expenses and enhance strategic growth.
- Microsoft's gaming division closed The Initiative studio and canceled projects like Perfect Dark and Everwild amid layoffs impacting about 4% of staff.
- In response to job cuts, Microsoft offers severance, transition support, and priority internal role review to affected employees.
- More broadly, industry trends show tech firms like Meta, Alphabet, and Amazon cutting costs and increasing AI investment amid ethical concerns.
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494 Articles
Novinky.cz
AftenpostenAmerican software company Microsoft will lay off up to four percent of its employees, or about 9,000 people. It will be the largest wave of layoffs since 2023.
New Microsoft layoffs hit Xbox, sales, others
Microsoft is laying off thousands of workers, its second mass layoff in months and its largest in more than two years. The tech giant began sending out layoff notices Wednesday that hit the company's Xbox video game business and other…
Microsoft Layoffs: Satya Nadella-Run Firm Lays Off Around 9,000 Employees, Hits Xbox Division To Close The Initiative Game Studio Following Perfect Dark Cancellation | 📲 LatestLY
Microsoft layoffs have reportedly impacted around 9,000 employees globally, including major cuts across its gaming divisions. The Initiative studio is shutting down following the cancellation of Perfect Dark. Other affected teams include King, ZeniMax, and more. 📲 Microsoft Layoffs: Satya Nadella-Run Firm Lays Off Around 9,000 Employees, Hits Xbox Division To Close The Initiative Game Studio Following Perfect Dark Cancellation.
Kronen Zeitung
The software giant Microsoft is cutting thousands of jobs for the second time in less than two months. The cuts are said to hit less than four percent of the workforce, as the company reported. An exact figure was not mentioned. At the latest available level at the end of June 2024, Microsoft had around 228,000 employees, of which 126,000 in the US. In May, Microsoft spoke of the dismantling of less than three percent of the workforce – and also…
One wants to "smooth processes". The gaming division hits it particularly hard
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