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CNBC

Microsoft layoffs largely targeting middle managers

CNBC · Current
CNBC
CNBC
Current

CNBC's Steve Kovach reports on the latest news regarding Microsoft.

BreakdownGenerated by LeadStory AI
  • Microsoft is laying off about 9,000 employees, less than 4% of its workforce. 7s
  • This follows a previous layoff of 6,000 employees earlier in the year. 18s
  • The layoffs are primarily targeting middle management roles, not based on performance. 1m 8s
  • Divisions such as gaming are significantly affected, with some projects canceled. 1m 43s
  • Artificial intelligence is increasingly used at Microsoft but is not the main reason for the layoffs. 1m 19s
Employment