Microsoft cuts under 1,000 jobs as it enters the new fiscal year - Business Insider

Microsoft this week held layoffs, in what a spokesperson characterized as a small number of job cuts across multiple business units.Microsoft had about 156,000 employees as of the end of March, meaning that the cuts affected less than 0.64% of its global workforce., its online news portal, as it shifted to an AI-powered algorithmic feed. Some jobs were also cut in the Microsoft Azure cloud division, one source later told Business Insider.

Are you a current or former Microsoft employee? Contact this reporter via encrypted messaging app Signal or email .Microsoft cut a small number of jobs relative to the size of its workforce this week as it transitions to a new fiscal year, the company confirmed. Microsoft has not issued a public statement on the layoffs, but a spokesperson said the cuts came across various teams and locations, without giving specifics. It's common, the spokesperson said, for Microsoft to re-evaluate its business as it enters a new fiscal year on July 1st.

The most recent cuts affected less than 1,000 jobs, a person familiar with the situation said. The company had 156,439 employees as of March 31, including 92,335 in the US and 55,513 in the Seattle area, where it's headquartered. That means that the cuts affected approximately 0.64% or less of its total workforce.

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