Microsoft laying off about 9,000 employees in latest round of cuts

Group 1 - Microsoft will lay off about 9,000 employees, affecting less than 4% of its global workforce [1] - The layoffs are part of ongoing organizational changes to position the company for success in a dynamic marketplace [2] - Microsoft has already conducted several rounds of layoffs in 2023, including cuts of less than 1% in January, over 6,000 jobs in May, and at least 300 in June [2] Group 2 - The largest previous layoff occurred in 2014 when Microsoft eliminated 18,000 jobs after acquiring Nokia's devices and services business [3] - The current layoffs aim to reduce management layers between individual contributors and top executives [3] Group 3 - Microsoft reported nearly $26 billion in net income on $70 billion in revenue for the March quarter, exceeding Wall Street's expectations [4] - The company anticipates about 14% year-over-year revenue growth in the June quarter, driven by Azure cloud services and corporate productivity software subscriptions [4] Group 4 - Other software providers, such as Autodesk, Chegg, and CrowdStrike, have also reduced their workforce in 2025 [5] - The U.S. private sector lost 33,000 jobs in June, contrary to economists' predictions of a 100,000 job increase [5]