Microsoft has announced plans to lay off approximately 9,000 employees globally, marking a significant step in its ongoing restructuring efforts. This decision, affecting about 4% of its workforce, follows a series of previous layoffs, including 6,000 positions cut in May.
The company aims to adapt to a rapidly changing market, particularly focusing on advancements in artificial intelligence and cloud services. Notably, the Xbox division and the gaming sector, including the King department, are expected to bear the brunt of these cuts.
Despite these layoffs, Microsoft has experienced notable revenue growth, indicating a strategic shift towards new technologies and trends following a period of pandemic-induced expansion.
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