Pakistan, July 3 -- In a major move, Microsoft has announced the layoff of nearly 9,000 employees from its global workforce. This marks the company's largest round of job cuts since 2023, when it laid off 10,000 staff.

According to a company spokesperson, this decision aims to make Microsoft more agile, efficient, and aligned with the rapidly changing demands of the global tech market. The layoffs represent about 4% of Microsoft's total workforce worldwide.

This is the third phase of staff cuts in recent months, as reported by CNN. The spokesperson explained that the company is undergoing structural changes to better compete and grow in today's fast-paced, AI-driven business environment.

In a memo to employees, Xbox gaming division CEO...