New Delhi, June 5: Microsoft, the tech giant, has reportedly initiated a new round of layoffs, impacting around 1,000 employees across multiple departments. These layoffs are expected to come as the company continues to respond to the evolving needs of the technology industry.

Layoffs are not uncommon, as the companies often adjusts its workforce in response to market demands and internal restructuring needs. The latest layoffs at Microsoft are a clear indicator of the company's efforts to adapt to the rapidly changing technology sector to streamline its operations. Nike Layoffs: Sportswear Company Lays Off Its Employees From European Headquarters in Netherlands.

As per a report of Times of India, Microsoft may have laid off 1,000 employees in its Azure cloud unit and the mixed reality team. The Azure cloud division, which has been a significant contributor to Microsoft's growth, has seen a reduction in its workforce. Additionally, the HoloLens 2 team, responsible for the company's augmented reality headset, has also been affected by the job cuts. A significant portion of the layoffs are occurring in the Strategic Missions and Technologies division of the company. According to a report of Moneycontrol, the employees from the mixed reality department have been notified of their termination.

Microsoft will maintain its investment in W365 to expand its reach within the broader Mixed Reality hardware ecosystem. The company will continue to offer HoloLens 2 and provide ongoing support to existing customers and partners. Microsoft has undertaken a major restructuring of its Mixed Reality division, which demonstrates its dedication to the Department of Defense's Integrated Visual Augmentation System (IVAS) program. Google Layoffs: Tech Giant Lays Off Around 100 Employees Across Its Cloud Unit; Check Details.

The company will continue to provide advanced technology to support the military for ensuring the best possible tools for soldiers. Additionally, Microsoft has reiterated its dedication to its Mesh technology, which enables users wearing headsets to participate in three-dimensional video conferences within Teams, interacting with coworkers using various devices.

(The above story first appeared on LatestLY on Jun 05, 2024 09:58 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).