Macrohard Microsoft Cuts Thousands of Jobs

Source: dpa | Translated by AI 1 min Reading Time

The software giant Microsoft plans to cut several thousand jobs, as now reported by dpa.

The software giant Microsoft has now announced plans to cut around three percent of its global positions. Given the size of its workforce, this would still amount to several thousand ...(Image: Microsoft)
The software giant Microsoft has now announced plans to cut around three percent of its global positions. Given the size of its workforce, this would still amount to several thousand ...
(Image: Microsoft)

Although the cuts at Microsoft are expected to affect less than three percent of the workforce, as the company reports, the absolute number of positions is not small. An exact number has not been disclosed yet. As of the last available figure (end of June 2024), Microsoft had around 228,000 employees, 126,000 of whom were in the USA. Thus, around 6,800 jobs are at risk.

Microsoft Spends Billions on AI

The reduction is planned across various regions and employee levels. Microsoft had already cut around 10,000 jobs at the beginning of 2023. The reason is that during the corona period, the workforce at large tech companies grew significantly. Additionally, Microsoft is currently investing heavily in data centers for artificial intelligence (AI). In the fiscal year running until the end of June alone, expenditures of around 80 billion dollars are planned for this purpose.

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