Microsoft Cuts 1,000 Jobs Amid AI Investment Shift

Layoffs impact Azure and HoloLens teams as the company reallocates resources to prioritize artificial intelligence.

Microsoft is laying off around 1,000 employees, primarily from its Azure and HoloLens teams.
The layoffs are part of a broader trend in the tech industry, with companies focusing on AI initiatives.
Microsoft's Strategic Missions and Technologies division, which includes quantum computing and space projects, is heavily affected.
Despite strong financial performance, Microsoft is adjusting its workforce to manage costs and invest in AI.
Google and other tech giants are also making significant job cuts as they shift towards AI development.