<ul><li>Microsoft to lay off nearly 3% of its entire workforce, which amounts to about 6,000 people.</li><li>The layoffs will be across all levels and geographies but will focus on reducing management levels.</li><li>Microsoft announced the largest reported layoffs since early 2023, when it cut 10,000 workers.</li><li>The layoffs come weeks after Microsoft reported strong sales and profits that exceeded Wall Street expectations for the past four quarters.</li></ul>

Microsoft to lay off 6,000 workers despite streak of profitable quarters

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