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Microsoft cuts deeper into its workforce with another major round of layoffs

  • Microsoft is implementing another major round of layoffs, affecting less than 4% of its workforce.
  • The company aims to reduce layers of management and streamline operations for increased efficiency.
  • This move follows a previous round of layoffs in May, where 6,000 workers were affected.
  • Several tech companies, including Microsoft's peers like Google and Amazon, are also making cuts to flatten management levels.

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