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AI Cost Increase Allegedly Behind Microsoft’s Rumored New Massive Round of Job Cuts

Satya Nadella in front of a large Microsoft logo on a blue background talking about AI.

A new rumor suggests Microsoft is preparing to use its layoff axe once again, for the fourth consecutive January, cutting between 11 and 22 thousand jobs across various divisions (including Xbox) because of the rising costs of AI investment. If the figures were confirmed, it would be the biggest layoff round yet. The rumor comes from TipRanks, which adds that the layoffs are expected to fall upon employees at some point in the third week of January. According to workers’ anonymous sources, even the Azure cloud team could be affected. Analyst projections had previously suggested that Microsoft may need to […]

Read full article at https://wccftech.com/ai-cost-increase-allegedly-behind-microsofts-rumored-new-massive-round-of-job-cuts/