Microsoft Planning To Lay Off Thousands of Employees Next Month

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Laid Off 6k People Just A Few Days Ago!

Story Highlight
  • Giants like Sony and Microsoft have been laying off employees one after another. 
  • As per a new report, Microsoft is planning to lay off thousands of employees next month.
  • The company is expected to announce this news at the start of July. 

Layoffs in the gaming industry have been occurring frequently for a couple of years now, which highlights the industry’s poor condition. Companies like Microsoft and Sony have been at the very middle of this trend, and it isn’t going to die off any time soon. 

In 2024, around 25000 employees were laid off. Another report revealed that 1 out of 10 developers were laid off in 2024, and a similar trend may occur this year as well. This is because Microsoft is now planning to lay off thousands of employees next month

Why it matters: The gaming giant has laid off over 6000 employees this year already, so its planning to lay off even more is extremely concerning. 

Satya Nadella Microsoft CEO
Satya Nadella secured over $30 million in a raise despite seeing over 2500+ job cuts.

According to Bloomberg, the company is planning to lay off thousands of employees, following a layoff of 6000 employees just a few weeks ago

 Microsoft Corp. (MSFT) is planning to ax thousands of jobs, particularly in sales, as part of the company’s latest move to trim its workforce amid heavy spending on artificial intelligence.

-Bloomberg

The media outlet also reported that the layoffs are expected to be announced early next month, as this would coincide with the end of Microsoft’s fiscal year. Previously, in May, Microsoft laid off 6k people in the product and engineering market. So, the sales and marketing team was safe then, too

Microsoft Cutting Jobs Again May Be Pretty Bad For The Industry

The company is laying off employees at a massive rate, which is pretty unfortunate. This is because those who were laid off may find it hard to get another job at this level again. 

It should also be noted that the company hasn’t confirmed anything yet. Bloomberg is the source of this report, and this media outlet has been largely accurate, so it would be reasonable to consider this news credible

What do you think about the gaming giant preparing to ax even more jobs? Do you think this is fair? Share your thoughts with us in the comments section below or join the official Tech4Gamers forums for discussion

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