
FXHedge|Jun 04, 2025 17:23
MICROSOFT IS LAYING OFF MORE WORKERS AS AI CONTINUES TO TRIM WORKFORCES (MSN)
In May, Microsoft laid off around 3% of its workforce, eliminating more than 6,000 positions. It was the largest batch of layoffs from the company since 2023, when it cut 10,000 jobs.
Just a few weeks later, on Monday, Microsoft laid off 305 employees, according to documents viewed by Bloomberg. The cuts were concentrated at the company's Washington State headquarters, per the WARN notice.
Full article:
https://www.msn.com/en-us/money/news/microsoft-is-laying-off-more-workers-as-ai-continues-to-trim-workforces/ar-AA1G1n1E?ocid=msedgntp&pc=HCTS&cvid=ecc5b9d971d24de1bdbe65988041964d&ei=36
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