/Microsoft%20Corporation%20logo%20on%20phone-by%20rafapress%20via%20Shuterstock.jpg)
Microsoft’s (MSFT) latest round of layoffs recently made headlines, with the tech giant planning to cut its global workforce by 9,000 “to implement organizational changes necessary to best position the company and teams for success in a dynamic marketplace,” according to a company spokesperson.
This round of layoffs adds to those in January, May, and June of this year. Reading between the lines, many investors believe artificial intelligence is responsible for the Microsoft job cuts as the company continues to invest in the revolutionary technology.