Microsoft Layoffs January 2025 Update

Microsoft Layoffs January 2025 Update. Here’s what it means for the company and investors. Microsoft plans to lay off 10,000 employees, as it seeks to cut costs amid growing concerns about a widespread economic downturn, the company announced on wednesday.

Sky news reports that thousands of roles will be cut, with the software giant said to be looking at cutting around 5. Microsoft has laid off a number of employees this week, which also happens to be the first week of its new 2025 fiscal year.