Microsoft plans to cut over 6,000 jobs, affecting about 3% of its workforce. This decision comes despite the company reporting strong financial performance, driven by its cloud services and AI advancements.
The layoffs are part of Microsoft's strategy to optimize efficiency and remain competitive in a dynamic market. The job reductions will span across various regions and levels, including significant cuts at the Redmond headquarters.
This move follows a previous reduction earlier in 2023, where 10,000 positions were eliminated. Microsoft is heavily investing in AI, having allocated around $80 billion for AI data centers this fiscal year.
This strategic shift reflects the company's focus on leveraging new technologies and skills to enhance meaningful work for its employees.
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