Microsoft's second biggest layoffs ever hits over 6,000 employees; these are the positions likely to be impacted
Microsoft will reduce its workforce by 3%. This affects about 7,000 employees globally. The company aims to streamline operations. Microsoft seeks a flatter structure. It prioritizes engineering talent for AI. New performance management includes a rehire ban. Microsoft follows an industry trend. Other tech firms also focus on efficiency. These changes follow better-than-expected quarterly results.
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