Microsoft lays off employees in new round of cuts

Microsoft has recently conducted another round of layoffs affecting multiple teams and geographies, with a focus on product and program management roles. The exact number of employees impacted was not disclosed by Microsoft. These layoffs are part of the company's regular business management practices, aiming to prioritize strategic growth areas. In the past year, Microsoft has made significant job cuts, including around 1,000 jobs last month and nearly 2,000 in January. These actions come as Microsoft adjusts its workforce to maintain profit margins amidst increased capital spending for cloud infrastructure. Despite a surge in headcount during the pandemic, Microsoft's employee numbers have stabilized around 227,000 globally. The company's recent restructuring efforts align with its business goals as it enters a new fiscal year.