Microsoft laying off about 9,000 employees in latest round of cuts
Publishing timestamp: 2025-07-02 13:07:08
Summary
Microsoft will cut less than 4% of its global workforce in an effort to reduce management layers. The company has already announced layoffs affecting around 6000 people earlier this year. Despite the layoffs, Microsoft reported strong financial numbers and executives are optimistic about future growth. Other software providers have also slimmed down in 2025.
Sentiment: NEUTRAL
Tickers: ADSK, ADP, MSFT, CRWD, CHGG,
Keywords: business news, microsoft corp, autodesk inc, chegg inc, business, crowdstrike holdings inc, automatic data processing inc, layoffs, technology, breaking news: technology, enterprise,