Key points
- The cuts are expected to be announced early next month: Bloomberg
- Microsoft declines to comment on the report
- AI will reduce its total corporate workforce in the next few years: Amazon CEO
ISLAMABAD: Microsoft is planning to reduce thousands of jobs, particularly in sales, as the tech giant streamlines its workforce amid increased investments in artificial intelligence, according to Bloomberg News.
The cuts are expected to be announced early next month, following the end of Microsoft’s fiscal year, Bloomberg reported. The reductions would not exclusively affect sales teams, and the timing could still change.
Tech giant
Reuters reported that the latest layoffs follow Microsoft’s previous round of job cuts in May, which affected about 6,000 employees.
The tech giant has ramped up its investments in Artificial Intelligence, aiming to solidify its leadership as firms across industries accelerate the integration of AI into their products and services to maintain a competitive edge, according to Reuters.
Amazon CEO Andy Jassy said on Tuesday that the rollout of generative AI and agents will reduce its total corporate workforce in the next few years. Microsoft has declined to comment on the report.
Microsoft had 228,000 workers as of June last year.
