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The layoffs, which affect thousands of employees, come soon after the tech titan issued an optimistic financial forecast.

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Microsoft is set to lay off 3% of its workforce, impacting approximately 7,000 employees across various departments and ...

Microsoft CEO Satya Nadella speaks at OpenAI DevDay on Nov. 6, 2023 as Sam Altman looks on. (GeekWire File Photo / Todd ...

The move is expected to affect thousands of employees, based on the company’s reported headcount of 228,000 as of June.