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Microsoft will lay off thousands of workers in the second round of job cuts in recent months. The layoffs, first reported by The Seattle Times, will lead to a less than 4% reduction in Microsoft ...
When Microsoft bought Skype in 2011 for $8.5 billion after outbidding Google and Facebook — its largest deal at the time — the service had around 150 million monthly users; by 2020, that ...
Microsoft plans to lay off around 6,000 workers from its workforce in a move to increase efficiency. These layoffs will reportedly impact individuals across teams and around the world.
Microsoft is cutting roughly 3% of its global workforce as the company shifts more resources toward the race to develop advanced artificial intelligence, the company confirmed on Tuesday.
In 2023, it laid off 10,000. Perhaps the largest culling of Microsoft workers came in 2014, when the company eliminated 18,000 after acquiring Nokia’s devices and services business.
Business Microsoft will lay off thousands more in second round this year Updated: Jul. 02, 2025, 10:37 a.m. | Published: Jul. 02, 2025, 9:55 a.m.
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In its Q2 2025 earnings, Microsoft announced revenue of $69.6 billion for the quarter and net income of $24.1 billion. CEO Satya Nadella says its AI business was up 175 percent year over year.
According to Business Insider, Copilot, which Microsoft claims is being used by nearly 70% of Fortune 500 companies, is proving to be inefficient, costly, and insecure for many organizations.
Going into the third quarter, Microsoft is in "a pretty constrained capacity place" when it comes to providing enough data centers to meet demand for AI, CFO Amy Hood said on an earnings call.
Business Economy Local Business Markets Microsoft Technology Microsoft to lay off about 9,000 employees in latest round July 2, 2025 at 5:47 am Updated July 2, 2025 at 5:05 pm ...