Microsoft to lay off around 3% of workforce
Digest more
Microsoft is cutting roughly 3% of its global workforce as the company shifts more resources toward the race to develop advanced artificial intelligence, the company confirmed on Tuesday.
It’s unclear how much Microsoft hopes to save through the layoffs. When the company laid off 10,000 workers in 2023, analysts estimated that the move was poised to save Microsoft about $2.5 billion over the subsequent year. That figure included the $1.2 billion charge the company had logged in connection with the job cuts.
Microsoft began laying off nearly 3% of its entire workforce Tuesday, its largest mass layoff in more than two years.
2don MSN
Microsoft began laying off about 6,000 workers Tuesday, nearly 3% of its entire workforce and its largest job cuts in more than two years as the company spends heavily on artificial intelligence.