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Amid the layoffs, Microsoft also closed its workplace in Pakistan and laid off its staff there as a half of its move toward a software-as-a-service and AI operating mannequin. In Could 2025, Microsoft announced that it is laying off more than 6,000 workers, around three % of the company’s whole workforce. Microsoft is considered one of solely two U.S.-based firms which have a major credit rating of AAA. The outage was traced back to a flawed update of CrowdStrike’s cybersecurity software program, which resulted in Microsoft systems crashing and causing disruptions throughout varied sectors. In June 2024, Microsoft announced it would be laying off 1,000 workers from the company’s blended actuality and Azure cloud computing divisions.
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