Microsoft is laying off 3% of its workforce
Microsoft announced that it’s laying off 3% of its global workforce of 228,000 workers.
The company had recently reported very strong earnings for Q2 2025, blowing past analyst expectations, powered by strong demand for AI services from its Azure cloud computing business.
Microsoft’s recent pullback from several large AI data center projects has spooked the industry, stoking fears of a data center oversupply, though Microsoft CEO Satya Nadella said on the earnings call: “I feel very, very good” about the pace of the company’s data center plans.
“We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace,” said a Microsoft spokesperson in an emailed statement.
Shares were down slightly on the news.
This story is developing.
Microsoft’s recent pullback from several large AI data center projects has spooked the industry, stoking fears of a data center oversupply, though Microsoft CEO Satya Nadella said on the earnings call: “I feel very, very good” about the pace of the company’s data center plans.
“We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace,” said a Microsoft spokesperson in an emailed statement.
Shares were down slightly on the news.
This story is developing.
