Image: Insurance JournalMicrosoft Joins AI-Driven Tech Layoff Wave With 4,800 Job Cuts
β’ Microsoft is cutting approximately 4,800 jobs, representing about 2.1% of its total workforce. β’ The layoffs are part of a broader trend across the tech industry as companies shift priorities and resources. β’ These cuts come as the company increases its financial investment and spending heavily on artificial intelligence (AI) development.
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