Microsoft Lays Off 4,800 Employees
Microsoft announces layoffs affecting 4,800 employees, primarily in commercial sales and Xbox divisions, a year after cutting 9,100 jobs. The move marks the beginning of the company's new financial year.
Microsoft has initiated a new round of layoffs, impacting approximately 4,800 employees. This move comes a year after the company cut around 9,100 jobs. The layoffs, which account for about 2.1% of Microsoft's workforce, are primarily focused on the commercial sales business and the Xbox division. According to reports from The Verge AI, these cuts are part of the company's strategy as it enters its new financial year. The decision underscores the ongoing adjustments Microsoft is making to align its workforce with its business objectives. The layoffs highlight the challenges faced by the tech industry, where companies are continually reassessing their operations to stay competitive.
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