Tech giant Microsoft announced on Tuesday that it will lay off about 3% of its global workforce, equivalent to around 6,800 employees, in an initiative that will impact all regions and hierarchical levels.
"We continue to make the necessary organizational changes to better position the company for success in a dynamic market," a company spokesperson explained in statements to Bloomberg reported by Europa Press.
Microsoft had around 228,000 employees at the end of June last year, with 126,000 of them in the United States. These new layoffs follow those at the beginning of 2023, when about 10,000 positions were cut.
The U.S. multinational announced on May 2 that it earned $25.824 billion (¤23.113 billion) in its third fiscal quarter, an 18% increase, with revenues rising by 13% to about $70.066 billion (¤62.711 billion).
In the cumulative data for the first nine months, profits reached $74.599 billion (¤66.768 billion) and revenue amounted to $205.283 billion (¤183.734 billion), representing a 12.9% and 13.8% increase, respectively.