Microsoft laying off about 9,000 employees in latest round of cuts
- On Wednesday, July 2, Microsoft announced layoffs affecting about 9,000 employees globally, including deep cuts to Xbox teams and canceled game projects.
- Following previous layoffs, Microsoft aims to streamline management and boost efficiency as part of ongoing organizational restructuring efforts.
- Microsoft layoffs affected multiple gaming studios, including canceling Everwild at Rare and a ZeniMax Online MMORPG, impacting teams globally across regions.
- Microsoft will provide severance, healthcare, and job placement support to affected employees following the layoffs.
- Microsoft's 5% Q3 gaming revenue growth highlights its strategic shift towards AI investments despite massive layoffs and game cancellations.
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US sees largest wave of job cuts since 2020 pandemic, AI among key triggers
With Microsoft laying off 9,000 staffers, the number of people hit by US job cuts in 2025 soared to 744,308, which is the highest since the pandemic year of 2020. Federal downsizing under Elon Musk’s DOGE, an economic slowdown and AI-driven restructuring are the major factors behind the record lay-offs.
·India
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American 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.
However, the company has already sent fifteen thousand people this year.
·Budapest, Hungary
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Total News Sources532
Leaning Left84Leaning Right48Center125Last UpdatedBias Distribution49% Center
Bias Distribution
- 49% of the sources are Center
49% Center
L 33%
C 49%
R 19%
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