Microsoft is laying off just under 4% of its workforce in a new round of job cuts, the company said Wednesday. The cuts will affect 9,000 workers across the company, as it continues to make moves to trim its staff. "We continue to implement organizational changes necessary to best position the company and teams for success in a dynamic marketplace," a Microsoft spokesperson said in a statement to CBS News.
Main Idea: Microsoft is cutting about 4% of its workforce, or 9,000 jobs, as it keeps trimming staff and reshaping its organization.
Key Points:
Microsoft layoffs could leave thousands of workers and families facing lost pay, while local stores and services near those jobs may also see less spending.
Microsoft may use the cuts to simplify its teams and invest more in products, which could support cheaper or better services for some users.
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Microsoft chief financial officer quoted explaining the company’s prior job cuts and organizational changes.
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