AI Boom: Microsoft Cuts 6,000 Jobs in Major Restructuring Around the Globe | Firstpost America |N18G
Microsoft is cutting 6,000 jobs, around 3% of its workforce, as part of a broader restructuring aimed at streamlining management amid rising investment in artificial intelligence. The layoffs span teams, levels, and regions, and are the company’s largest since early 2023. Microsoft says the move aligns with its strategy to increase agility and focus on core priorities. The company has allocated $80 billion this year to expand its AI infrastructure. Other tech firms, including Google, Amazon, and Meta, are also trimming staff to prioritise AI development and protect profit margins. Watch the video to know more about this.
