Microsoft announced on Tuesday that it is streamlining its management structure and embracing new technology to drive efficiency, amidst reports of significant layoffs within the company.
While the exact number of job cuts was not disclosed, media sources suggest that around 6,000 employees, approximately three percent of Microsoft’s global workforce, could be affected.
Among these layoffs, 1,985 employees in Washington state were reportedly impacted, as per a filing from the state’s labor department.
A spokesperson for Microsoft stated, “We are making necessary organizational changes to ensure the company is well-positioned for success in a rapidly evolving market.”
The tech giant, known for its focus on artificial intelligence, is also working on empowering its employees to concentrate on meaningful tasks by leveraging new technologies and capabilities.
Just two weeks ago, Microsoft reported strong quarterly results for the period of January to March, driven by the success of its cloud computing and AI divisions.
With its 50th anniversary approaching, Microsoft has been at the forefront of AI innovation since the launch of ChatGPT in 2022, making significant waves in the tech industry.
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