In its official statement, Microsoft said: “We continue to implement organizational changes necessary to best position the company and teams for success in a dynamic marketplace.”
This latest round is expected to impact sales, customer-facing roles, and the Xbox gaming division. Xbox head Phil Spencer told staff the company would “end or decrease work in certain areas of the business and follow Microsoft’s lead in removing layers of management to increase agility and effectiveness.”
The layoffs underline that the job market in tech is tightening even as companies like Microsoft continue to deliver strong earnings.
Disclaimer: For this story, Fortune used generative AI to help with an initial draft. An editor verified the accuracy of the information before publishing.
