Microsoft cuts jobs as it enters new fiscal year

Microsoft said on Thursday it had trimmed its workforce across geographies and teams as it entered a new fiscal year from July 1.

The Washington-based software giant declined to elaborate on the roles which had been eliminated, their numbers or their locations.

Business Insider had earlier reported that the company cut under 1,000 jobs across its business this week.

The company cut roles at its online news portal MSN.com, as it shifted to an AI-powered algorithmic feed, according to the report, which added that jobs were also cut in the Microsoft Azure cloud division. […]

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