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Microsoft plans thousands of job cuts, impacting less than 2.5% of workforce
By Ashley Stewart FollowMicrosoft CEO Satya Nadella.JASON REDMOND/AFP via Getty Images
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Microsoft is planning to announce job cuts soon as the tech giant continues efforts to control costs, according to people familiar with the situation.
The cuts are expected to impact thousands of roles, including sales and consulting, in addition to jobs at the Xbox gaming division, the people said.
This round is expected to be smaller than similar layoffs last year. This time, the cuts are projected to be less than 2.5% of the company's 220,000-person workforce, the people added. They asked not to be identified discussing sensitive matters.