TECH - Microsoft Carries Out Another Round Of Layoffs Across Teams And Geographies Third This Year So Far | Benzinga
Microsoft Corp. (NASDAQ:MSFT) has reportedly carried out another round of layoffs, affecting various teams and regions. The company has not disclosed the exact number of employees impacted.
What Happened: The layoffs have affected employees in roles related to product and program management, as per LinkedIn posts from the affected staff. The company, however, has not revealed the number of employees affected, reported GeekWire.
A Microsoft spokesperson stated, “Organizational and workforce adjustments are a necessary and regular part of managing our business. We will continue to prioritize and invest in strategic growth areas for our future and in support of our customers and partners.”
Microsoft’s financial year 2024 concluded on Jun. 30. The company often restructures its business at the beginning of a new fiscal year.
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This is the third round of layoffs by Microsoft in 2024. In June, the company cut around ...