The Hindu·3 min read·medium
Microsoft joins AI-driven tech layoff wave with 4,800 job cuts
R
Reuters
✦AI Summary
Microsoft is laying off approximately 4,800 employees as it shifts resources toward AI infrastructure and restructures its commercial and Xbox divisions. The company is under pressure to demonstrate financial returns on its massive investments in artificial intelligence.
Microsoft is cutting about 2.1% of its workforce, or roughly 4,800 jobs, as the Windows maker restructures parts of its commercial and Xbox businesses, joining other tech titans in a wave of layoffs as they shift investments towards AI infrastructure.
technologybusinessai
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in