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Microsoft eyes another wave of layoffs that could hit 5,000 workers next week
Microsoft is expected to lay off up to 2.5% of its workforce as early as next week. The cuts, which could affect 5,000 employees, may impact sales, consulting and the Xbox gaming unit, according to a report from Business Insider Tuesday. The layoffs would mark the latest round of restructuring in the tech sector as companies continue to cut costs while directing more resources toward artificial intelligence (AI).Last summer, Microsoft laid off roughly 4% of its workforce, or about 9,000 employees, in one of the company's largest rounds of job cuts in recent years. MICROSOFT ANNOUNCES ANOTHER R...1 hour ago
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