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Microsoft to lay off 3% of workforce, CNBC reports

Economic Times · 1m

Microsoft is set to lay off approximately 6,000 employees, accounting for 3% of its workforce, as reported by CNBC. This decision is part of the tech giant's ongoing efforts to streamline operations and improve its overall efficiency. While specific details regarding the affected departments or regions were not disclosed, the layoffs reflect a broader trend among technology companies adjusting their human resources strategies in response to evolving market conditions and business needs.