Again, Microsoft to sack 9,000 workers

Microsoft will lay off 9,000 workers, representing 4% of its workforce, the company announced on Wednesday, July 2, 2025.

Microsoft, which had about 228,000 employees worldwide as of June 2024, had announced layoffs in May, affecting around 6,000 workers. It was planning to cut thousands of jobs, particularly in sales.

The Windows maker had pledged $80 billion in capital spending for its fiscal year 2025.

However, the soaring cost of scaling its AI infrastructure has weighed on its margins, with its June quarter cloud margin expected to shrink from last year.

Microsoft said on Wednesday it planned to reduce organizational layers with fewer managers and streamline its products, procedures and roles.

Microsoft’s Barcelona-based King division, which makes the Candy Crush video game, is cutting 10% of its staff, or about 200 jobs.

Oil prices drop as OPEC+ set to raise output

Microsoft confirmed to Reuters that its gaming division was impacted by the layoffs, although not the majority of the unit, but did not provide further details.

Big Tech peers, which are investing heavily in artificial intelligence, have also announced job cuts.

Facebook parent Meta, earlier this year, said it would trim about 5% of its “lowest performers”, while Alphabet’s Google has also laid off hundreds of employees in the past year.

Amazon has also cut jobs across its business segments, most recently in its books division. The company had earlier laid off employees in its devices and services unit, and communications staff.

Economic uncertainties and rising costs have triggered layoffs across sectors in Corporate America, as companies rush to streamline operations and hedge against further cost pressures.

The Star

Segun Ojo

Recent Posts

Top 10 brokers trade N949.9bn on NGX as investors gain N26trn in one month

Ten stockbroking firms on the Nigerian Exchange Limited (NGX) recorded transactions worth N949.899 billion in…

8 minutes ago

Oil prices fall as US reduces Iran’s grip on Hormuz

Oil prices eased ​1% on Tuesday, May 5, 2025, on signs the United States Navy…

36 minutes ago

3-year-old dies as rainstorm wrecks homes in Mokwa

A three-year-old girl, identified as Afnan, has died after a rainstorm caused a building collapse…

44 minutes ago

Strike continues as FG-SSANU, NASU talks end in deadlock

Talks between the Federal Government and the Joint Action Committee (JAC) of the Senior Staff…

45 minutes ago

Ex-Kano dep gov Aminu Gwarzo resigns from ADC

A former Deputy Governor of Kano State, Aminu Gwarzo, has resigned from the African Democratic…

52 minutes ago

How declining ₦2k request cost me my brother — Nigerian lady

A Nigerian woman has sparked widespread reactions online after recounting how declining to send ₦2,000…

58 minutes ago

This website uses cookies.