Microsoft will lay off 9,000 workers, or lower than 4% of the corporate

Microsoft is planning to put off 9,000 workers, impacting lower than 4% of its world workforce, in accordance with a report by CNBC.

Microsoft continues to beat expectations in its quarterly earnings; in its most up-to-date report, the corporate grew its internet revenue by 18% 12 months over 12 months, amounting to a complete of $25.8 billion.

Nevertheless, the corporate has continued to scale back its headcount — that is one among many rounds of layoffs to have already occurred this 12 months.

Microsoft has mentioned that these cuts are an try to chop down on its layers of administration, following the lead of rivals like Amazon and Meta.