Business · 14h ago
Microsoft to Cut Thousands of Jobs as AI Spending Surges
Microsoft plans thousands of layoffs across sales, consulting, and Xbox divisions amid rising AI costs. The cuts aim to streamline operations as the company invests heavily in AI infrastructure. This follows similar workforce reductions at other tech giants prioritizing AI.
Meridian48 take
The layoffs highlight a familiar pattern: AI investment comes at the expense of other business units, raising questions about long-term workforce strategy.
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Microsoft Reportedly Plans Thousands of Layoffs Amid Cost-Cutting Push →
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