Microsoft to Lay Off Up to 9,000 Employees Amid Major AI Investment Drive

Microsoft has announced it will cut up to 9,000 jobs, accounting for around 4% of its global workforce, as part of a broader strategy to refocus its business on artificial intelligence. Several Microsoft divisions will be impacted, including its Xbox gaming unit, with some video game projects being cancelled and studios closed. The layoffs are part of a continuing trend in the tech industry as major companies invest heavily in AI, building data centers and recruiting AI talent. Microsoft remains a major investor in AI via both its own initiatives and its stake in OpenAI, despite recent tensions. Other tech giants like Meta and Amazon are making similar moves as AI reshapes the workforce.

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