Microsoft Layoffs 2023: 11,000 Jobs Cut in Mass Layoff, Prioritizing AI

Reports indicate a significant restructuring at Microsoft, with the company implementing a mass layoff affecting approximately 11,000 employees. Sky News reported that Microsoft has cut 11,000 jobs in a recent mass layoff. The decision is expected to be announced soon.

This move, impacting nearly 3% of its workforce, represents Microsoft\'s largest mass layoff in over two years. Microsoft began laying off nearly 3% of its entire workforce Tuesday, its largest mass layoff in more than two years. While the exact number wasn\'t initially disclosed, the scale of the reduction is substantial.

Software giant Microsoft are preparing to cut tens of thousands of jobs, according to reports. Microsoft which employs 6,000 people in the UK is believed to be affected by these cuts. These layoffs are reportedly part of a broader strategic shift, with Microsoft focusing its investments on key growth areas, particularly Artificial Intelligence (AI).

Microsoft cuts 3% of staff to invest heavily in AI platforms, signaling a major shift as it prioritizes AI-driven innovation and future growth. This suggests a commitment to AI-driven innovation and future growth despite the challenging economic climate.

As Microsoft began its largest mass layoff in years after its CFO said the company is ‘reducing layers with fewer managers’ BY Matt O\'Brien and The Associated Press, these changes are not just about headcount reduction, but about streamlining operations and focusing on key strategic objectives. The company is "reducing layers" within its management structure to improve efficiency.

Stay updated on the latest developments regarding the Microsoft layoffs and their impact on the tech industry.