Microsoft has laid off hundreds of people again after laying off 6,000 people last month.
Microsoft Cuts Hundreds of Jobs Again After Laying Off 6,000 Employees Last Month
Just weeks after carrying out its largest - scale layoffs in years, Microsoft has cut hundreds of jobs again, highlighting that the tech industry is still struggling to cut costs while investing billions of dollars in artificial intelligence. According to a Washington state notice reviewed, more than 300 employees were informed on Monday that their positions had been eliminated. A Microsoft spokesperson said the recent layoffs were in addition to the 6,000 job cuts announced last month. The spokesperson said, "We will continue to implement the necessary organizational changes to better prepare the company for success in a dynamic market." The AI boom has disrupted the tech labor market as companies prioritize AI - focused jobs and use the technology to save costs.
—— Bloomberg
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