Headline: UNCAPTIONED: Microsoft Slashes 7,000 Jobs Amid AI Investment Push
Caption:
Microsoft Slashes 7,000 Jobs Amid AI Investment Push. Microsoft is cutting around 7,000 jobs—about 3% of its global workforce—as part of a major cost-cutting effort, according to CNBC. These layoffs will affect all levels and regions, marking the company's biggest round of cuts since early 2023, when 10,000 employees were let go. Unlike January's smaller, performance-based layoffs, this wave aims to streamline management as Microsoft shifts resources toward artificial intelligence. The company is following a broader Big Tech trend—investing heavily in AI while reducing expenses in other areas. Google has made similar moves in the past year. Despite the cuts, Microsoft recently reported strong growth in its cloud business, Azure, helping ease investor concerns during uncertain economic times. At last count, Microsoft employed 228,000 people worldwide, including 126,000 in the U.S.
Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Microsoft,7,000 jobs,3% workforce,cost-cutting,layoffs,2023,performance-based,management,artificial intelligence,Big Tech,AI investment,Google,Azure,cloud business,growth,investor concerns,economic uncertainty,228,000 employees,126,000 U.S.,workforce reduction.
PersonInImage: