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Microsoft recently executed its largest layoff in over two years, impacting around 9,000 employees across divisions like Xbox ...
Microsoft is laying off thousands of workers, its second mass layoff in months and its largest in more than two years.
Microsoft says AI saved over $500M in customer support, just days after 9,000 job cuts. The timing drew criticism, even as the company invests $80B into its growing AI ambitions.
More tech workers feel the pain as Microsoft pivots. Suddenly, the world's most valuable company is going on without them.
After laying off 9000 workers, Microsoft touts itself as saving $500 million in AI efficiency.
Until now, this year’s biggest layoff was in May, when Microsoft began laying off about 6,000 workers, nearly 3% of its global workforce and its largest job cuts in more than two years as it ...
Until now, this year’s biggest layoff was in May, when Microsoft began laying off about 6,000 workers, nearly 3% of its global workforce and its largest job cuts in more than two years.
Impact on Microsoft stock According to a CNBC report, Microsoft stock hit a record high of $497.45 on June 26. On Wednesday - July 2, it dipped slightly by 0.2%, while the S&P 500 rose 0.5%.
Microsoft expanded a long run of layoffs by announcing a workforce reduction of up to 4 percent, or about 9,100.
Microsoft employed 228,000 full-time workers as of last June, the last time it reported its annual headcount. The company said Wednesday that its latest layoffs would cut close to 4% of that ...
REDMOND, Wash. (AP) — Microsoft is firing thousands of workers, its second mass layoff in months. The tech giant began sending out layoff notices Wednesday. The company declined to say how ma… ...