Big Tech has been spending heavily on AI as they see the new technology as a major growth engine, while slashing costs ...

Microsoft announced a mass termination of employment affecting over 6,000 employees, approximately three percent of its ...

Cuts to affect 6000 staff across departments including LinkedIn, Xbox as AI drives organisational restructuring ...

Microsoft is laying off about 6,000 employees, or 3% of its workforce, to streamline operations and reduce management layers.

Microsoft is still in strong financial shape and reported a 25.8 billion dollars net income for the quarter ending in April ...

Microsoft has announced the layoff of about 6000 employees, which is almost 3% of the company's entire team. And they can ...

The move is expected to affect thousands of employees, based on the company’s reported headcount of 228,000 as of June.

In a statement, Microsoft said that it continues to implement changes 'necessary to best position the company for success'.

WASHINGTON — Microsoft began laying off nearly 3% of its entire workforce Tuesday, its largest ... based layoffs in January. But the 3% cuts will be Microsoft's biggest since early 2023, when ...

Microsoft has affirmed that it plans to lay off approximately 6,000 employees, representing nearly 3% of its global workforce ...