Microsoft is conducting another major round of layoffs this year
1. Microsoft announces another round of layoffs, affecting less than 4% of workforce. 2. This follows a previous layoff of 6,000 employees earlier this year. 3. The layoffs aim to streamline management and improve efficiency. 4. Microsoft is not alone; peers like Google and Amazon are also reducing staff. 5. Focus on reducing managers to enhance individual contributor ratios in teams.