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Benzinga
Benzinga
Business
Erica Kollmann

Microsoft's AI Gets $80 Billion—While Pink Slips Print By The Thousand

microsoft shutter5

Microsoft Corp. (NASDAQ:MSFT) is reportedly preparing for another round of layoffs with the majority of job cuts expected to impact its sales division. 

The Details: The upcoming round of layoffs is part of a broader restructuring as the company ramps up its investment in artificial intelligence. The layoffs are anticipated to be announced in early July, aligning with the end of Microsoft's fiscal year, according to a Bloomberg report. 

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