Microsoft Corp. will lay off as many as 9,000 employees, according to multiple media reports on July 2.

A Microsoft spokesman told The Epoch Times, that the technology company’s latest round of cuts will reduce its total workforce by less than 4 percent. These cuts will touch all job roles, locations and seniority levels as the company looks to streamline its business and reduce its layers of management.

“We continue to implement organizational changes necessary to best position the company and teams for success in a dynamic marketplace,” the spokesperson said. “Even in the best of times, we have regularly adjusted our workforce to meet the strategic demands of the business.”

The latest layoffs follow previous rounds of layoffs this year, including more than 6,000 job cuts in May and June combined, as well as a smaller reduction in January focused on performance-related separations. As of June 2024, Microsoft, based in Redmond, Washington, employed approximately 228,000 people worldwide, according to the company’s annual report.

The latest wave of job cuts is expected to impact several departments, including sales and the Xbox division. Previous layoffs in May primarily affected product and engineering teams. The company employs around 45,000 people in sales and marketing roles, according to data from June 2024.

The layoffs mirror similar moves by competitors including Meta. Earlier this year, the company announced a reduction in workforce of 5 percent.

Investor confidence, as measured by stock price, was unshaken by the layoff news. As of about 11 a.m. ET on Wednesday, Microsoft’s stock is trading at about 492.40 a share, which was close to its Tuesday closing price of $492.05 a share.

As a member of the so-called “Magnificent Seven” technology stocks, Microsoft remains a highly profitable company.

When it last disclosed its financial performance with the Securities and Exchange Commission on April 30, Microsoft said it had made a quarterly net income of $25.8 billion in the first three months of 2025. That was an increase from a net income a year ago of $22 billion in the quarter ending June 30, 2024.

In its corresponding release, Microsoft credited its success in the quarter to consistently strong demand for its cloud computing and artificial intelligence services.

In the quarterly earnings call, Microsoft CEO Satya Nadella said the company continues to invest in building additional data centers to power those services. In the first three months of 2024, he said, the company opened 10 new data centers around the world.