Microsoft to reportedly cut 11,000 jobs, following Amazon and Meta
The cuts will be significantly larger than other rounds in the past year, the Bloomberg report said.The company had 221,000 full-time employees, including 122,000 in the United States and 99,000 internationally, as of June 30, according to filings.several quarters of downturnIt had said in July last year that a small number of roles had been eliminated. In October, news site Axios reported that Microsoft had laid off under 1,000 employees across several divisions.
Shares of Microsoft, which is set to report quarterly results on Jan. 24, were marginally higher in late afternoon trading.
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