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Microsoft to Cut 3% of Workforce While Reducing Management Layers
- Microsoft is laying off 3% of its workforce, around 6,000 employees, to reduce management layers.
- The job cuts are not related to performance, affecting employees of all levels, teams, and geographies.
- This is Microsoft's largest layoff since 2023 when 10,000 roles were eliminated.
- The company plans to continue investing in cloud and AI offerings while managing costs to lead in the market.
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