AI Daybook

From the archiveNo. 19

Industry & Policy

Microsoft lays off 4,800 employees, about 2.1 percent of workforce

Microsoft is laying off 4,800 employees

The Verge AI

Summary

Microsoft is laying off approximately 4,800 employees, or about 2.1 percent of its workforce, citing the need to adjust resources in response to AI's impact on the technology industry. Most cuts affect commercial sales and the Xbox division.

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