Microsoft employees are facing the threat of layoffs, thousands of jobs may be lost; company is planning cuts

Microsoft employees are facing the threat of layoffs. The tech giant is planning to layoff thousands of its employees. The staff will be cut especially in the sales department

According to the report, this step is being taken because the company is investing more in Artificial Intelligence (AI) and wants to make its team of employees smaller and more effective. Earlier in May, Microsoft had laid off about 6,000 employees.

Microsoft increased investment in AI

Tech giant Microsoft has increased its investment in AI, aimed at strengthening its leadership, as companies across various industries are increasingly incorporating AI in their products and services to maintain a competitive edge.

The company plans to spend $ 80 billion Amazon CEO Andy Jassy said on Tuesday (local time) that the company’s workforce may decrease in the coming years due to generative AI and new technologies. Microsoft plans to spend about $ 80 billion this fiscal year, most of which will be spent on building data centers to improve AI services.