Business
Microsoft to lay off 6,000 workers amid company’s restructuring
Microsoft is set to lay off 6,000 employees, representing nearly 3% of its global workforce, as part of an organisational restructuring.
Microsoft is set to lay off 6,000 employees, representing nearly 3% of its global workforce, as part of an organisational restructuring
Microsoft is set to lay off 6,000 workers, amounting to nearly 3 per cent of its global workforce, The Guardian reported.
Also read: Intel CEO To Compete Against Apple
The company, which employed 228,000 full-time workers as of June 2024, did not provide specific details on the positions being cut.
However, the layoffs are expected to affect employees at all levels and across various locations, with an emphasis on reducing management ranks. Notices were sent to affected employees on Tuesday.
In a statement, Microsoft explained that the cuts were part of a broader organisational restructuring. “We continue to implement organisational changes necessary to best position the company for success in a dynamic marketplace,” the company said.
We continue to implement organisational changes necessary to best position the company for success in a dynamic marketplace
The move followed a smaller round of performance-based layoffs earlier this year, but the 6,000 job losses represent the largest such reduction since Microsoft laid off 10,000 workers, or about 5 per cent of its workforce, in early 2023.
Despite the job cuts, Microsoft has remained financially strong, reporting robust sales and profits in its most recent quarter.
The company’s chief financial officer, Amy Hood, noted during an April earnings call, “We are focused on building high-performing teams and increasing our agility by reducing layers with fewer managers.”
Hood also mentioned that, as of March 2025, Microsoft’s headcount was 2 per cent higher compared to the previous year, although slightly lower than at the end of 2024.
Africa’s technology ecosystem has produced innovative fintech, e-commerce and digital service companies. But there is another important part of the technology value chain that deserves attention: semiconductor engineering.
ChipMango is developing capabilities in chip design, verification and emerging hardware technologies. Its story demonstrates the kind of specialised innovation that deserves greater investment and attention.
Through Boost Africa, a joint initiative of the European Investment Bank (EIB) and African Development Bank, supported by the EU, the EIB helps channel investment through venture capital funds to innovative African enterprises. Discover how this
investment ecosystem is helping create opportunities for businesses working on Africa’s technological future.
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From smartphones and laptops to vehicles and AI systems, semiconductors are essential to modern technology. Yet, the expertise required to design these components remains concentrated in a relatively small number of global
technology hubs.
ChipMango is working to expand access to semiconductor engineering skills and commercial opportunities for African engineers. Its journey also highlights why initiatives such as EIB’s Boost Africa matter. By supporting venture capital funds investing in innovative African businesses, Boost Africa helps strengthen the financing ecosystem needed to develop specialised technology companies. Watch the video to learn how ChipMango is contributing to Africa’s place in the global technology industry.
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Business
ChipMango: Building Nigeria’s Semiconductor Engineering Capabilities for the Global Tech Industry
Africa’s participation in the global technology industry should go beyond
using digital products and services.
African engineers also have an opportunity to contribute to the technologies themselves, including the semiconductors that power smartphones, computers, vehicles and artificial intelligence.
Nigerian semiconductor technology company ChipMango is working to develop this capability by connecting engineering education with practical chip-design and verification projects.
Through its investment in African venture capital funds, the European Investment Bank (EIB), under the Boost Africa
initiative, is helping strengthen the ecosystem that supports innovative businesses like ChipMango.
Boost Africa is a joint initiative of the EIB and African Development Bank, supported by the European Union.
Watch the video to discover ChipMango’s story and the opportunities it is helping create.
Watch the video:
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