HomeTechnologyMicrosoft lays off more employees in fresh round of job cuts

Microsoft lays off more employees in fresh round of job cuts

Microsoft hasn’t disclosed the number of employees that have been impacted in the latest round of job cuts nor has it revealed which departments have been affected.

July 04, 2024 / 18:00 IST
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Microsoft
Microsoft

Microsoft has confirmed that it has held another round of layoffs this week. The layoffs, according to a reported by Wired Geek, will impact various teams and locations across the company. However, Microsoft hasn’t disclosed the number of employees that have been impacted in the latest round of job cuts.

The report cites social media posts on LinkedIn, which indicate that the cuts have been in product and program management functions.

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A Microsoft spokesperson confirmed the layoffs to Wired Geek. “Organisational and workforce adjustments are a necessary and regular part of managing our business,” a spokesperson said in a statement. “We will continue to prioritise and invest in strategic growth areas for our future and in support of our customers and partners.”

Microsoft ended its fiscal year on June 30 and restructuring efforts during this period are not unusual for the tech giant. It was something Microsoft did in 2023 as well.