See the Complete Picture.
Published loading...Updated

Microsoft Cuts Thousands of Jobs While Expanding AI Investments

  • Microsoft announced on Tuesday that it will cut about 3% of its global workforce, affecting all levels and locations.
  • This decision follows earlier smaller, performance-based layoffs in January and aligns with broader tech sector cost reductions.
  • The company aims to reduce management layers while maintaining strong investment in artificial intelligence and growing cloud services.
  • As of the end of June, Microsoft had a workforce of 228,000 full-time employees, so the planned layoffs are expected to impact approximately 6,000 to 7,000 individuals, according to a company spokesperson.
  • These layoffs represent Microsoft's largest reductions since eliminating 10,000 jobs in early 2023 despite recent better-than-expected quarterly results.
Insights by Ground AI
Does this summary seem wrong?

246 Articles

All
Left
36
Center
80
Right
19
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 59% of the sources are Center
59% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Telemundo 62 broke the news in on Monday, May 12, 2025.
Sources are mostly out of (0)