<ul><li>Microsoft is cutting 3% of its global workforce, which amounts to around 6,840 job cuts.</li><li>The recent layoffs are not performance-based like previous ones, and the company reported higher profits of $25.8 billion in the last quarter.</li><li>The reasons for the layoffs include reducing management layers and preparing for potential tariff-related uncertainties.</li><li>Microsoft's gaming business has experienced layoffs, with a total of 14,600 job losses in the industry in 2024.</li></ul>

Microsoft is firing 3% of its staff, totalling just under 7,000 employees

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