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Microsoft reportedly set to make performance-based job cuts

  • Microsoft is cutting less than 1% of its workforce, which affects about 1,200 employees, as confirmed by a person familiar with the matter.
  • The job cuts are part of a trend, with Microsoft having laid off 10,000 employees in 2023 and 1,900 in early 2024, despite reporting strong earnings.
  • The layoffs target underperforming employees, according to a Microsoft spokesperson, who emphasized a focus on high-performance talent.
  • Microsoft plans to invest $80 billion in AI development this year, amid a complex relationship with OpenAI, which it has heavily funded.
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Bias Distribution

  • 57% of the sources lean Right
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Sources are mostly out of (0)