Microsoft Conducts New Round of Layoffs Across Various Teams

Microsoft has initiated another round of layoffs impacting various teams and locations across the company. According to reports, the layoffs have primarily affected product and program management functions, as indicated by posts on social media platforms like LinkedIn. However, Microsoft has not disclosed the exact number of employees affected in this latest round.

Official Statement from Microsoft:

A Microsoft spokesperson confirmed the layoffs: “Organisational and workforce adjustments are a necessary and regular part of operating our business. We will continue to prioritize and invest in strategic growth areas for our future and in support of our customers and partners.”

Recent Layoffs and Company Restructuring:

Microsoft’s restructuring efforts in 2024 follow similar actions taken in 2023. Earlier this year, the company cut 2,000 jobs in its gaming division. Last month, another round of layoffs reportedly affected nearly 1,000 positions, including roles within the Azure cloud unit and the HoloLens mixed-reality team.

Broader Trends in the Tech Industry:

The tech industry has seen significant layoffs in 2024, with close to 100,000 employees laid off across various tech companies, according to layoffs.fyi. In comparison, tech companies laid off approximately 260,000 employees the previous year.