Browsing: Layoffs

Amazon CEO Andy Jassy indicates more layoffs are coming as the company increasingly adopts AI technology across its operations.

Microsoft is reportedly planning to lay off thousands of employees, particularly in sales teams, as it streamlines operations and intensifies AI investments.

Microsoft is set to cut thousands of jobs as part of its cost-cutting measures, despite reporting a 13% revenue increase and a market cap of $3.569 trillion.

Tech giant Microsoft is preparing to cut thousands of jobs, mainly in sales, amid increased investment in artificial intelligence, following previous layoffs in May that affected 6,000 workers.

Microsoft is planning to cut thousands of jobs, mainly in its sales division, as part of its restructuring efforts to focus on artificial intelligence and data center expansion.

Microsoft is planning to lay off thousands of employees, primarily in its sales division, as part of its ongoing restructuring efforts amid the increasing integration of artificial intelligence in its operations.

Microsoft is undergoing significant restructuring by cutting thousands of jobs, particularly in sales roles, while intensifying its investment in artificial intelligence.

Intel, once a dominant force in the computer chip market, is set to lay off between 15% to 20% of its factory workforce in July, potentially affecting thousands of jobs.

Major US companies including Procter & Gamble, Microsoft, and Walmart are implementing layoffs despite a stable labor market, citing cost-cutting measures amid global uncertainty and AI investments.

Microsoft’s recent layoffs reflect the company’s increasing reliance on AI to boost internal efficiency, a trend expected to continue in the tech industry.