9 hours ago
- Business
- Wall Street Journal
Microsoft Plans to Cut Thousands More Employees
Microsoft MSFT 0.46%increase; green up pointing triangle is planning to lay off several thousand employees in the next few weeks, looking to thin out its ranks while continuing its costly push into artificial intelligence.
The reduction of thousands of jobs will affect its sales department and other teams, people familiar with the matter said. The number of cuts isn't yet final, and they are planned for around the beginning of Microsoft's new fiscal year, which starts in July, they said.
