<ul><li>Microsoft announces layoffs affecting 3% of its entire workforce, potentially around 7000 employees.</li><li>The layoffs are part of organizational changes to position the company for success and reduce layers of management.</li><li>This is the largest round of layoffs by Microsoft since January 2023, despite reporting an 18% increase in net income in April.</li><li>Approximately 2200 jobs have been lost in the games industry this year alone, with uncertainty if Microsoft-owned game studios will be impacted.</li></ul>

Microsoft is laying off even more of its staff, with potentially almost 7000 workers at risk

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