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Microsoft is cutting roughly 3% of its global workforce as the company shifts more resources toward the race to develop advanced artificial intelligence, the company confirmed on Tuesday. The ...

The cuts will be across all levels and geographies, and are likely the largest since Microsoft laid off 10,000 employees in 2023, according to the report, which cited a company statement.

Microsoft confirmed its latest round of layoffs in a statement to CNBC. “We continue to implement organizational changes necessary to best position the company for success in a dynamic ...

"We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace," a Microsoft spokesperson said in a statement to CNBC. The company ...

Notices went out on Tuesday. Microsoft says this round of streamlining will minimize redundancy and improve efficiency. While this move may help the company's bottom line, it's likely to hurt many ...

But the 3 percent cuts will be Microsoft’s biggest since early 2023, when the company cut 10,000 workers, almost 5 percent of its workforce, joining other tech companies that were scaling back ...