Microsoft is preparing to lay off thousands of employees as early as next week, just days after its fiscal year concluded on 30 June midnight. The upcoming restructuring is expected to affect under 2.5% of the tech giant's 228,000-person global workforce. Internal sources indicate that the workforce reductions will primarily target positions within the company's sales, consulting, and Xbox divisions.
For US contractors already tied to Xbox projects, the layoffs have started before official internal cuts have landed.
