Technology giant Microsoft, headquartered in Washington State, has decided to lay off 276 employees, primarily from its customer service, support, and sales teams. The job cuts were announced at the beginning of Microsoft’s 2024 fiscal year as the company addresses economic uncertainties in the tech industry.
The layoffs will impact employees based in Microsoft’s Bellevue and Redmond offices, as well as some virtual staff members. These affected individuals are part of diverse teams, including customer support, sales, and marketing.
Microsoft stated that the layoffs were necessary to streamline operations and optimise the workforce for sustainable growth. The company is providing severance packages and additional assistance to support the affected employees who are being laid off, in order to help them transition.
These layoffs are part of a series of job cuts previously announced by Microsoft. In January, the company revealed that it is going to cut 10,000 employees’ jobs.
The job cuts are said to occur amidst increasing competition for Microsoft from other prominent tech giants like Amazon and Google.
Satya Nadella, CEO, Microsoft, said that these layoffs were difficult decisions but necessary to ensure the company’s long-term growth and success. The aim is to position Microsoft strategically to address emerging challenges and opportunities in the tech industry.