×
You will be redirected back to your article in seconds

Microsoft to Lay Off an Estimated 3,000 Employees

Microsoft will lay off as many as 3,000 employees as part of a reorganization of its sales and marketing efforts, the Redmond, Wash.-based tech giant announced Thursday.

The company, which declined to specify the number of positions being eliminated, portrayed the job reductions as less a cost-cutting measure and more a reorientation in support of its cloud-services product Azure. Under CEO Satya Nadella, Azure has become a bigger and bigger priority as the company seeks to become more competitive with other leaders in the space including Amazon and Google.

Microsoft is implementing changes to better serve our customers and partners,” the company said in a released statement. “Today, we are taking steps to notify some employees that their jobs are under consideration or that their positions will be eliminated. Like all companies, we evaluate our business on a regular basis. This can result in increased investment in some places and, from time-to-time, re-deployment in others.”

Most of the affected employees hail from outside the U.S. and amount to less than 10% of the company’s workforce. Microsoft has 71,000 employees in the U.S. and 121,000 employees worldwide. Sales and marketing accounts for nearly one-fifth of the company’s staff.

Microsoft’s shares were down 0.7% at $68.63 on Thursday.

More Digital

  • Kathreen Khavari

    Kathreen Khavari Tapped by Refinery29 for 'Embrace' Comedy Pilot

    Refinery29 will begin production in 2019 on “Embrace,” a pilot from writing duo Kathreen Khavari (“Big Little Lies”) and Chuck Neal. “Embrace” will star Khavari as she comes up with an unconventional solution to prevent her Iranian immigrant parents from having to move back to Iran. Refinery29 bills the show, set in Khavari’s hometown of [...]

  • Outlander Season 4

    Starz Available for $5 a Month for Three Months Through the Holidays

    Starz is having an online holiday sale: The premium cable network is selling three months of its online streaming service for $5 per month, down from the regular price of $8.99 per month. The offer is available to new users who sign up until the end of December. Subscribers also get a 7-day free trial, [...]

  • Meg Whitman and Jeffrey Katzenberg Strictly

    Listen: Jeffrey Katzenberg, Meg Whitman Go Long on Short-Form Entertainment

    One is a legend in the media business, the other in the tech world. But together Jeffrey Katzenberg and Meg Whitman are intent on bringing the best of both worlds together for their ambitious new venture: Quibi. On the latest episode of the Variety podcast Strictly Business, the dynamic duo shared their battle plan to [...]

  • Alfonso Cuaron, Yalitza Aparicio, Marina de

    Alfonso Cuaron Says 'Roma' Is Better in Theaters

    Director Alfonso Cuaron opted to work with Netflix for his latest film “Roma,” but the decorated filmmaker isn’t discounting the importance of a big-screen viewing. “The complete experience of ‘Roma’ is unquestionably in a movie theater,” Cuaron said Monday night at the Egyptian Theater in Los Angeles for the premiere of “Roma.”  The streaming giant did [...]

  • virtual reality

    How VR Is Being Used to Help Children With Learning Disabilities, Autism

    The United States Department of Education is betting on virtual reality to help students with high-functioning autism and learning disabilities in schools across the country. This month the Office of Special Education and Programs announced its investment of $2.5 million toward a new program that will use VR to nurture social skills in students with [...]

More From Our Brands

Access exclusive content