Microsoft Cuts Jobs to Boost AI Investments

Microsoft recently announced it will lay off about 6,000 employees, making up less than 3% of its workforce. This decision aims to reduce costs while the company invests heavily in artificial intelligence. Microsoft, which had 228,000 employees last year, often adjusts its workforce to focus on key areas. Despite strong growth in its cloud services, the rising costs of AI infrastructure are affecting profitability. The company plans to spend $80 billion this fiscal year, mainly on expanding data centers for AI. Analysts suggest these layoffs reflect Microsoft's careful management of financial pressures linked to its AI investments.