The layoffs will begin Jan. 18 and continue through March. Similar to other tech companies, Microsoft accelerated hiring during the COVID-19 pandemic.
With the Microsoft restructuring, Big Tech companies have laid off 19,150 workers in January, according to a report from Challenger, Gray and Christmas shared with Becker’s.
The restructuring, including severance costs, will cost the company $1.2 billion, according to the report. The layoffs come as the company looks to focus on artificial intelligence.
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