LIVE WED 03 JUN 2026 · VOL 01 · NO 154
LAYOFF INDEX 347 ↑ +12
AI RISK 67/100 ↑ +3
MEDIAN SEVERANCE 14WK → 0
OPEN ROLES TECH 47,231 ↓ -218
EUR/MX 19.4 → +0.1
REMOTE % 62 ↑ +1
FAANG HIRING +18% MoM
SWE SALARY P50 $185K ↑ +2K
STARTUP DEAL VOL $4.1B ↓ -$0.4B
Q LAID OFF 9,041 ↑ +1,212
LAYOFF INDEX 347 ↑ +12
AI RISK 67/100 ↑ +3
MEDIAN SEVERANCE 14WK → 0
OPEN ROLES TECH 47,231 ↓ -218
EUR/MX 19.4 → +0.1
REMOTE % 62 ↑ +1
FAANG HIRING +18% MoM
SWE SALARY P50 $185K ↑ +2K
STARTUP DEAL VOL $4.1B ↓ -$0.4B
Q LAID OFF 9,041 ↑ +1,212
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BREAKING · LAYOFFS · 2 HOURS AGO

Microsoft cuts 9,000 in second wave; engineers among those let go

Internal memo confirms reduction targets restructuring of cloud division. Severance terms vary by tenure.

THE LEAD

A second wave of Microsoft layoffs hit early Tuesday, with 9,041 positions eliminated across the cloud division. Internal Slack channels showed engineers receiving notice via calendar invite, a pattern repeated from the May reduction. Severance averages 14 weeks for engineers with 3+ years tenure.

The cuts arrive two weeks after Satya Nadella's all-hands stating "operational efficiency" as a priority. Microsoft declined to comment on individual roles affected.

M
MERIDIAN Editorial Desk
7 MIN READ · UPDATED 2H AGO
Read the full story →
TODAY'S INDEX

Six numbers running the labor market today.

FULL DASHBOARD →
LAYOFF INDEX ↑ +12 WoW
347
Highest since Q2 '23
AI RISK ↑ /100
67
Med-risk tier; 18 roles affected
MEDIAN SEVERANCE → WEEKS
14
Up from 10 wk in 2024
OPEN ROLES TECH ↓ −218
47.2K
Sliding for 6 consecutive days
REMOTE % ↑ +1
62
Reversal after 9-mo decline
SWE P50 ↑ +$2K
$185K
FAANG-tier still lifting median
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CHART OF THE WEEK · 27 MAY

Tech layoffs by company, last 90 days.

N=412 · WEIGHTED
0 4,520 9,041 MSFT 9,041 META 6,200 AMZN 5,400 GOOG 4,100 INTC 3,800 META.2 3,000 CSCO 2,700 ORCL 2,100 SAP 1,900 DELL 1,450 IBM 1,300 ADBE 1,100

Microsoft leads the 90-day chart with 9,041 verified cuts, nearly 1.5× the second-place finisher (Meta, 6,200). The chartreuse-highlighted bar marks the period's leader, though the cohort behind shows tight clustering: a sign of broad-based reduction rather than concentrated retreat. Severance terms hold mostly stable across the cohort at 12–14 weeks for engineers with 3+ years tenure.

SOURCE

Verified via SEC filings, internal Slack screenshots authenticated through metadata, and LinkedIn role disappearances cross-referenced with severance documents.

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