Microsoft is laying off up to 3 percent of its global workforce, reports Bloomberg. With Microsoft having around 228,000 employees at the end of June 2024 (the latest reported number), that’d mean around 6,

The technology company, headquartered in Washington, is cutting 122 workers in Silicon Valley. The layoffs heavily affected software engineering roles.

Microsoft, based in Redmond, Washington, said the layoffs will be across all levels and geographies but the cuts will focus on reducing the number of managers.