Washington: In another wave of workforce reductions, Microsoft has laid off more than 300 employees, signaling continued restructuring efforts just weeks after announcing one of its largest rounds of layoffs in recent years.

The tech giant is pouring billions into artificial intelligence development, positioning itself at the forefront of the AI revolution. However, this strategic pivot is being accompanied by sweeping cost-cutting measures that have left hundreds of employees without jobs.

The latest round of layoffs took place on Monday and adds to the previously reported 6,000 job cuts announced last month. A company spokesperson confirmed the move, stating that Microsoft will "continue to make organizational adjustments to align with market opportunities and ensure long-term success."

Industry analysts say this trend reflects a broader shift across the tech sector, where companies are reshaping their workforces to prioritize AI-driven roles and reduce operational expenses through automation and advanced technologies.

Microsoft, alongside peers like Meta, is increasingly relying on artificial intelligence to streamline software development and enhance productivity across its platforms.

As of June 2024, Microsoft employed approximately 228,000 people globally, with 55% of its workforce based in the United States. The ongoing layoffs suggest a recalibration of talent and resources as the company adapts to the rapidly evolving digital landscape.