Microsoft cuts hundreds more jobs after firing 6,000 last month

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Microsoft cut hundreds more jobs just weeks after its largest layoff in years, underscoring the tech industry’s efforts to trim costs even as it ploughs billions of dollars into artificial intelligence.

More than 300 employees were told their positions had been eliminated on Monday, according to a Washington state notice reviewed by Bloomberg.

A Microsoft spokesperson said the latest headcount reduction is in addition to the 6,000 job cuts announced last month. “We continue to implement organisational changes necessary to best position the company…



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Microsoft cuts hundreds more jobs after firing 6,000 last month


Microsoft cut hundreds more jobs just weeks after its largest layoff in years, underscoring the tech industry’s efforts to trim costs even as it ploughs billions of dollars into artificial intelligence.

More than 300 employees were told their positions had been eliminated on Monday, according to a Washington state notice reviewed by Bloomberg.

A Microsoft spokesperson said the latest headcount reduction is in addition to the 6,000 job cuts announced last month. “We continue to implement organisational changes necessary to best position the company…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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