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Microsoft is reportedly about to layoff 3% of its workforce

  • Microsoft is planning to reduce its workforce by 3%, which could affect more than 6,500 employees worldwide.
  • This would be one of the largest staff reductions for the company following the 2023 cut of 10,000 people.
  • The decision comes despite Microsoft's strong financial performance with a revenue of $70.1 billion and net income of $25.8 billion in the last quarter.
  • The layoffs are anticipated to impact employees across all levels, locations, and teams and are not related to performance issues.

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