Microsoft, Silicon Valley workforce
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2don MSN
Microsoft began laying off thousands of employees, targeting less than 3% of its global workforce in a move to streamline operations and reduce management layers.
Microsoft says nearly 3%, or more than 6,000 in its workforce, is being cut as other tech giants have recently acted similarly.
Microsoft is cutting roughly 3% of its global workforce as the company shifts more resources toward the race to develop advanced artificial intelligence, the company confirmed on Tuesday.
Microsoft announces layoffs affecting 3% of its workforce while investing over $80 billion in AI infrastructure
The cuts aim to reduce middle managers and increase coders versus non-coders as BI earlier reported.