Microsoft announces 3rd round of layoffs as tech sector continues to bleed

Microsoft has announced a new round of job cuts with the end of its financial year on June 30, according to a report by GeekWire.

These layoffs are a part of the tech giant’s efforts to streamline its workforce.

Several LinkedIn posts revealed that employees in product and program management roles were among those affected, the report stated.

The layoffs impacted multiple teams across various geographical locations. However, Microsoft has declined to disclose the total number of employees laid off.