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Microsoft to lay off 11,000 employees as soon as tomorrow

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What you need to know

  • Microsoft is rumored to be axing up to 11,000 jobs as soon as tomorrow.
  • The layoffs come just months after the company already axed 1% of its workforce.
  • Today’s reports claim this round of layoffs could affect around 5% of the workforce, possibly more.

A new report from Sky News (opens in new tab) has today reported that Microsoft is planning to cut up to 11,000 jobs, or roughly 5% of its workforce in a matter of days, with Bloomberg and The Verge stating the layoffs will be announced as soon as tomorrow (January 18) ahead of the company’s quarterly earnings.

These jobs cut come just days after the company launched a new unlimited vacation time policy, with many employees who have unused vacation time set to receive a one-time pay-out in April as a result.

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