Microsoft announces Third Round of Job Cuts

Mumbai :

Microsoft has initiated another round of layoffs affecting multiple teams and regions, continuing its efforts to streamline operations and enhance efficiency, as reported by Geekwire.

Scope of Layoffs

The exact number of employees affected has not been disclosed,

but reports suggest impacts across various roles including product and program management.

Company Statement

According to a Microsoft spokesperson, these adjustments are routine for managing business operations.

The company remains committed to prioritizing strategic growth areas to support customers and partners.

Recent Layoffs and Context

Earlier this year, Microsoft laid off 2,000 employees from its gaming division following the acquisition of Activision Blizzard.

Additional cuts in June targeted areas such as the Azure cloud unit and HoloLens mixed reality organization, aligning with fiscal year transitions.

Industry Context

The tech industry has witnessed widespread layoffs in 2024,

with over 98,000 job cuts reported globally across 330 companies in the first half of the year, according to Layoffs.fyi.

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