Microsoft Announces 15,000 Layoffs to Cut Costs
SOURCENews reportView the filing ↗
What we know
Based on news reporting.
Summary
Microsoft Corporation has laid off 15,000 employees as part of a cost-saving strategy aimed at protecting profit margins. This significant reduction in workforce reflects the company's response to changing market conditions and economic pressures. The layoffs were officially announced in January 2023, marking a substantial effort by Microsoft to streamline operations and reduce expenses. The decision comes amidst broader trends in the tech industry, where many companies are also cutting jobs to navigate economic challenges. The company has indicated that it will halt hiring as part of these measures.
Microsoft Corporation cut 15,000 jobs as of January 18, 2023.
That is roughly 6.6% of the 228,000 people Microsoft Corporation employs.
LayoffTalk has tracked 53 layoff events at Microsoft Corporation since January 2023, including 4,067 jobs documented in official WARN filings, with 39 additional events known from news reporting.
Comments (0)
Anonymous by default. Be kind — people reading this may be going through it right now.
No comments yet. Be the first to share your thoughts.
Affected by this?
Share your story anonymously — it helps others reading this feel less alone.
Share your story →More layoffs at Microsoft Corporation
Recent tracked events at this company.