Microsoft laying off about 6,000 people, or 3% of its workforce

🎯 Impact Sentiment: Concerning

📋 Summary

• Microsoft is cutting around 6,000 jobs, about 3% of its global workforce, across all levels and teams.
• The company’s goal is to simplify its structure by reducing management layers, not based on employee performance.
• Despite strong financial results and record-high stock prices, this is Microsoft’s largest layoff since 2023.
• Layoffs in tech continue, with similar reductions at companies like Amazon and CrowdStrike.

💡 JR Insights

• 💼 Implication: Even high-performing companies like Microsoft are tightening their teams, which sends a message that job security in tech is uncertain, regardless of company performance.
• 🚨 Risk: If you’re in middle management or roles considered non-essential, you could be vulnerable, as companies look to streamline and shift priorities, especially towards AI and cloud growth areas.
• ✨ Takeaway: Don’t assume big tech is a long-term safety net—keep your skills adaptable, pay attention to signals about company restructuring, and be proactive about adding value in high-demand areas.