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1000+ to be let go in Microsoft’s third round of job cuts this year
- Microsoft is expected to cut at least 1000 jobs in its third round of layoffs this year, primarily affecting sales and marketing divisions.
- The company is focusing on expanding its artificial intelligence (AI) initiatives and has allocated $80 billion for setting up AI data centers.
- Previous layoff rounds impacted software and product teams, while this round targets sales and marketing employees.
- About 6000 employees were laid off in May, with an additional 300 in a second round.
- Microsoft has started outsourcing software sales for smaller clients to third-party firms.
- The restructuring is ongoing, and the exact number of affected employees remains undisclosed.
- The previous layoffs were part of a strategic shift to prioritize AI integration across products and services.
- CEO Satya Nadella clarified that the decisions were not due to individual failures but were aimed at aligning with new business priorities.
- The focus on AI had been part of Microsoft's plan for some time, gaining momentum recently.
- The company is expected to continue realigning its workforce to meet evolving business needs.
- The news was originally reported on HR Katha.
- Microsoft's restructuring reflects a broader industry trend towards AI and digital transformation.
- It emphasizes the company's commitment to innovation and staying competitive in the tech sector.
- The layoffs also showcase the shifting landscape of job roles in the era of advancing technology.
- Microsoft's proactive approach to adapting to market changes ensures its sustainability and growth.
- The company's strategic decisions are in line with the evolving tech landscape and customer demands.
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