<ul><li>Microsoft is planning to cut 3% of its global workforce, which amounts to around 6,000 job cuts across various departments.</li><li>The company aims to streamline operations, eliminate management hierarchies, cut costs, and restructure in order to maintain its competitive edge in the market.</li><li>This restructuring is part of Microsoft's strategic realignment for sustainability and growth, not due to financial stress, as the company plans significant investments in cloud services and AI infrastructure.</li><li>In a recent move, Microsoft introduced a new performance-management policy with stricter benchmarks, giving employees the choice to either accept the policy or opt for voluntary exit.</li></ul>

Microsoft to cut 3% of workforce, eliminate 6,000 jobs

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