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

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Microsoft is preparing for another round of layoffs, primarily affecting its sales division, as part of a restructuring to boost its investment in artificial intelligence. The layoffs, expected to be announced in early July, follow a previous cut of about 6,000 jobs in May. Microsoft has allocated $80 billion for capital expenditures this year to expand data centers and support AI operations. This trend of job cuts is seen across major companies, including Procter & Gamble and Walmart, as they adapt to changing market dynamics.
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