Microsoft to cut about four percent of jobs amid hefty AI bets

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Will reduce organisational layers with fewer managers.

Microsoft to cut about four percent of jobs amid hefty AI bets
Microsoft has confirmed it will lay off nearly 4 percent of its workforce as the tech giant looks to rein in costs amid hefty investments in artificial intelligence infrastructure. The company, which had about 228,000 employees worldwide as of June 2024, had announced layoffs in May, affecting ...

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