Microsoft could lay off as many as 11,000 employees this week | Engadget
Microsoft could announce wide-sweeping layoffs within the next few days, according to separate reports from Bloomberg and Sky News..
Microsoft could announce wide-sweeping layoffs within the next few days. The possibility of the tech giant laying off a significant part of its workforce was first reported by Sky News and later corroborated by Bloomberg. Sky put the number of the cuts at approximately five percent of the company’s 220,000-person workforce or about 11,000 employees total. Bloomberg said it couldn’t find out the scale of the layoffs but reported they would affect “a number of engineering divisions” and that they’re set to be “significantly larger” than other rounds of job cuts undertaken by Microsoft over the last year.
A Microsoft spokesperson told Engadget the company does not comment on rumor and speculation. If the 11,000 figure is accurate, it would equal the 11,000 jobs Meta eliminated last year and fall short of the 18,000 positions Amazon expects to cut once the retailer is done with its far-reaching layoffs. In any case, Microsoft seemingly finds itself on a familiar trajectory.