BUSINESSMARKETWATCH
Microsoft is reportedly planning thousands of layoffs as it spends on AI
Microsoft is reportedly planning thousands of layoffs as it shifts resources toward AI development. The company is expected to reduce its workforce by less than 2.5%, according to a Business Insider report.
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Adjacent reporting
- Meta says it will cut 8,000 jobs as AI spending grows
- Meta says it will cut 8,000 jobs as AI spending soars
- LinkedIn is reportedly laying off five percent of its workforce
- Xbox layoff plans reportedly include closing Arkane, canceling Blade
- Mattel goes through another round of layoffs
- Intuit to lay off over 3,000 employees to refocus on AI