Unbiased AI-powered news
Microsoft is preparing to cut less than 2.5 percent of its staff in a round of layoffs that could begin next week. The reductions would affect sales, consulting, and Xbox gaming division positions.
Microsoft is preparing to cut under 2.5 percent of its workforce in a round of layoffs that could be announced as early as next week. The reductions would affect thousands of roles in sales and consulting as well as positions in the Xbox gaming division.
Background The company had roughly 228,000 full-time employees as of June 30, 2025, according to an SEC filing. Microsoft declined to comment on the report, and Reuters could not immediately verify it.
2025, the company said it would lay off nearly 4 percent of its workforce. Xbox raised prices of its gaming consoles worldwide earlier this month, citing a deepening global components crisis, and is planning major layoffs along with cuts to marketing and other budgets.
The company is also considering options for its Xbox gaming unit, including a potential spinoff or restructuring as a wholly owned subsidiary.
These outlets didn't split into competing frames — coverage was uniform.
nbcnews.comThe 927-page annual disclosure filed Tuesday lists $1.4 billion from family cryptocurrency ventures alongside property revenue and legal settlements. First Lady Melania Trump reported separate NFT and documentary income.
indiatoday.intoday.inA massive attack killed residents and tore open buildings in the Ukrainian capital. DTEK reported damage to its facilities that left some without power.
theiranproject.comIran's armed forces command ordered all vessels to follow a Tehran-designated route through the Strait of Hormuz. Non-compliance will endanger vessel security, state media reported.