Microsoft announced a new round of mass layoffs Wednesday, this time affecting around 9,000 employees, according to The Seattle Times. Related: Microsoft CEO Satya Nadella Says the Company Needs a 'Culture Change' After Security FailuresIt's the latest in a string of mass layoffs for the tech giant. According to a memo obtained by The Verge, Microsoft is cutting layers of management with a focus on middle managers. Related: Microsoft CEO Satya Nadella Reportedly Calls 2 Different CEOs Every Day — and Has 2 Favorite QuestionsMicrosoft is the second-largest company in the world by market capitalization ($3.649 trillion), behind Nvidia, ahead of Apple. The company had more than 200,000 employees in June 2024, before the mass layoffs in 2025.