In Could, Microsoft laid off round 3% of its workforce, eliminating greater than 6,000 positions. It was the biggest batch of layoffs from the corporate since 2023, when it reduce 10,000 jobs.
Only a few weeks later, on Monday, Microsoft laid off 305 workers, in keeping with paperwork considered by Bloomberg. The cuts had been concentrated on the firm’s Washington State headquarters, per the WARN discover.
Associated: Software program Engineers Searching for Work Are Promising $10,000 or Extra to Anybody Who Can Assist Them Land a Job
“We proceed to implement organizational adjustments essential to finest place the corporate for fulfillment in a dynamic market,” a Microsoft spokesperson mentioned in an announcement to Bloomberg and CNBC.
The Could layoffs principally affected software program engineers. It is unclear which departments had been affected on this week’s newest spherical.
Whereas Huge Tech has been in layoff mode for years, AI is inflicting new complications for individuals whose abilities are deemed outdated. Final month, Walmart introduced it will lay off 1,500 company staff, citing new advances in AI.
Additionally in Could, Dario Amodei, the CEO of $61.5 billion AI startup Anthropic, informed Axios that inside the subsequent one to 5 years, AI might remove half of all entry-level white-collar jobs and trigger unemployment to rise to 10% to twenty%.
Associated: Considered one of Microsoft’s Most Widespread Merchandise Is About to Skyrocket in Worth
In the meantime, a brand new report from SignalFire, a enterprise capital agency that screens the job actions of over 650 million workers on LinkedIn, means that AI is liable for a 25% lower in hiring of latest graduates at large tech firms, together with Meta, Microsoft, and Google.
Microsoft employed roughly 228,000 full-time staff as of June 2024, however that was nicely earlier than the Could cuts and the newest rounds of layoffs.
In Could, Microsoft laid off round 3% of its workforce, eliminating greater than 6,000 positions. It was the biggest batch of layoffs from the corporate since 2023, when it reduce 10,000 jobs.
Only a few weeks later, on Monday, Microsoft laid off 305 workers, in keeping with paperwork considered by Bloomberg. The cuts had been concentrated on the firm’s Washington State headquarters, per the WARN discover.
Associated: Software program Engineers Searching for Work Are Promising $10,000 or Extra to Anybody Who Can Assist Them Land a Job
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