Microsoft Reportedly Plans Thousands of Layoffs Amid AI Spending Push

Published Jul 1, 09:32 AM UTC

According to a Business Insider report cited by MarketWatch, Microsoft is expected to implement layoffs affecting less than 2.5% of its workforce. This move comes as the tech giant continues to invest heavily in artificial intelligence. The specific number of jobs affected, timeline, and departments involved were not detailed in the report. The layoffs are part of a broader trend in the tech industry where companies are restructuring to prioritize AI and cloud computing. Microsoft's workforce was approximately 220,000 as of recent filings, so a cut of under 2.5% would impact several thousand employees.