Microsoft looks to make a major reset
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Microsoft is cutting about 2.1% of its workforce, or roughly 4,800 jobs, the latest in a wave of tech layoffs as the Windows maker spends heavily on AI infrastructure and uses the technology to improve efficiency across its business.
Microsoft is planning job cuts that are expected to affect areas such as sales, consulting, and Xbox as it ramps up AI spending.
CEO Satya Nadella on the April earnings call reframed the entire debate over how quickly generative AI can turn into a real profit-and-loss line. The company’s AI business now operates at scale, and the growth rate suggests the ramp is still in its early innings.
Microsoft layoffs see nearly 2.1 percent jobs cut as the company restructures its Xbox and commercial business to prioritise artificial intelligence investments.
The pace of AI adoption is moving incredibly fast. Customers have moved well beyond experimentation and understand the importance of adopting AI to transform their business. They are now concentrating on delivering measurable business outcomes and demonstrating a return on their AI investments,
Microsoft is the latest tech company to form a business focused on helping customers understand and implement artificial intelligence.
Enhancing security and compliance for small to medium-size businesses has become easier as they face a growing range of cyberthreats.
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