CEO Satya Nadella cites a shift towards AI and organizational restructuring
Microsoft CEO Satya Nadella has confirmed the company’s decision to cut around 6,000 jobs, approximately 3% of its global workforce, as part of a strategic realignment focusing on artificial intelligence (AI) and other key areas.
Key Points:
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AI Investment: The layoffs are part of Microsoft’s broader strategy to reallocate resources toward the development of advanced AI technologies.
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Global Impact: The job cuts will affect all divisions and locations of the company, including LinkedIn.
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Employee Support: Impacted employees will receive severance pay and continuing healthcare coverage for six months.
👉 Why this matters: This move reflects the tech industry’s ongoing transformation, with companies like Microsoft prioritizing AI development, which has significant implications for the future of work and technology.
🔗 Source: New York Post
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