Practo Layoffs News Today

A source told Business Today that most of the eliminations took place in the engineering department, impacting product managers, software engineers, etc.

"The settlement amount reflects Office of Foreign Assets Controls (OFAC) determination that the conduct of the Microsoft Entities was non-egregious and voluntarily self-disclosed, and further reflects the significant remedial measures Microsoft undertook upon discovery of the apparent violations," it said in a statement. �� Microsoft To Pay $3 Million Penalty for Selling Software to Sanctioned Companies in Russia, Cuba, Iran and Syria.