Microsoft announces another round of layoffs as it plows money into AI

Microsoft plans to further reduce its global workforce, having already trimmed back on employee numbers several times this year. The company is yet to provide exact details of the number of people affected by the latest round of layoffs, and it has also not revealed which divisions are to be hit. Microsoft has confirmed, however, that the cutbacks represent less than 4 percent of its workforce, leading to estimates of around 9,000 layoffs. This is the fourth time Microsoft has reduced the number of people it employs – in January, May and June. For there to be so many rounds… [Continue Reading]