Overview
- The company plans to announce the latest round of layoffs early next month, targeting primarily sales roles.
- In May, Microsoft eliminated about 6,000 positions across all levels and regions when it had 228,000 employees.
- Microsoft has earmarked $80 billion for AI investments in the current fiscal year, with most funding directed to data centers.
- Earlier this month, it committed $400 million to expand AI and cloud infrastructure in Switzerland.
- Amazon CEO Andy Jassy expects AI to reduce demand for office-based roles and plans to leave vacated positions unfilled.