Microsoft Fires Hundreds More Workers Amid AI-Fueled Growth, Calls It Positioning The Company For 'Success'
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Microsoft has announced additional layoffs, cutting over 300 jobs just weeks after its largest round of layoffs, which affected around 6,000 employees. The company aims to position itself for success in a competitive market, particularly focusing on AI advancements. Microsoft, valued at $3.43 trillion, continues to invest heavily in AI while reducing non-AI-related roles. Despite the layoffs, Microsoft shares saw a slight increase during regular trading but dipped in after-hours trading.
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