Microsoft cuts about 1,000 jobs

Microsoft is making some changes to its workforce, reducing the number of employees by approximately 1,000 people.

The company has about 221,000 employees worldwide and plans to cut several positions across multiple divisions, affecting less than 1% of its total workforce. This news comes after several other tech companies have made similar decisions, either reducing the size of teams or freezing hiring altogether.

Despite these cuts, Microsoft’s shares have only dropped by 30% compared to this year’s Dow Jones Industrial Average, which is down 17%.

Read More

Reuters Rating


Do you appreciate our work? Please consider one of the following ways to sustain us.

MBFC Ad-Free 


MBFC Donation

Left vs. Right Bias: How we rate the bias of media sources

Found this insightful? Please consider sharing on your Social Media:

Subscribe With Email

Enter your email address to subscribe to MBFC and receive notifications of new posts by email.

Join 22.9K other subscribers

Be the first to comment on "Microsoft cuts about 1,000 jobs"


This site uses Akismet to reduce spam. Learn how your comment data is processed.