The Hindu BusinessLine Tech
7/1/2026
Microsoft to cut nearly 2.5% of workforce in latest layoffs: Report
Short summary
Microsoft is cutting 2.5% of its workforce, affecting sales, consulting, and Xbox divisions. The move reflects ongoing tech sector consolidation. Limited details on severance and implementation timeline provided.
- •Microsoft cutting 2.5% of workforce across multiple business units
- •Impacts sales, consulting, and gaming (Xbox) divisions
- •Part of broader tech industry consolidation trend
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