Microsoft to Cut About 4 Percent of Jobs Amid Hefty AI Bets

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Microsoft is cutting nearly 4% of its global workforce in a new round of layoffs, impacting thousands of employees. This decision comes as the tech giant aims to control costs while simultaneously investing heavily in artificial intelligence infrastructure.

This move follows previous job cuts in May, which affected approximately 6,000 workers. Reports surfaced last month indicating further reductions, particularly within the sales department.

The company, which had around 228,000 employees as of June 2024, has committed $80 billion in capital spending for fiscal year 2025. These layoffs likely reflect a strategic realignment, prioritizing AI development while seeking greater financial efficiency. The full scope and specific areas affected by the latest cuts are still unfolding.

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