As the new fiscal year commences, Microsoft has embarked on a substantial round of layoffs. After having already trimmed its workforce by roughly 9,100 employees in the previous year, the tech giant is now set to let go of an additional 4,800 staff members. This latest move represents a 2.1% reduction in Microsoft's global employee base. The layoffs are primarily focused on the commercial sales and Xbox gaming sectors, signaling a strategic shift and realignment of the company's business framework and key objectives.
