<p><a href="https://www.deccanherald.com/tags/microsoft">Microsoft</a> is laying off 30 per cent of its workforce, or roughly 7,000 employees, <em>CNBC</em> reported on Tuesday, as the technology giant looks to rein in costs while funneling billions of dollars into its ambitious bet on artificial intelligence.</p><p>The cuts will be across all levels and geographies, and are likely the largest since Microsoft laid off 10,000 employees in 2023, according to the report, which cited a company statement.</p>.Google lays off hundreds of employees in Android, Pixel Group: Report.<p>The company let a small number of employees go in January over performance-related issues, but the latest cuts are not related to that and are focused on trimming management layers, the report said.</p><p>Microsoft did not immediately respond to a <em>Reuters</em> request for comment. The company's stock was slightly lower in morning trading.</p><p>As artificial intelligence emerges as a major growth engine, Big Tech has been pouring money into the space while slashing costs elsewhere to safeguard profit margins.</p><p>Rival Google has also laid off hundreds of employees in the past year, as it looks to control costs and prioritize AI, media reports have said.</p><p>Microsoft's reported move comes weeks after the company posted stronger-than-expected growth in its cloud-computing business Azure and blowout results in the latest quarter, calming investor worries in an uncertain economy.</p><p>The company had a total of 228,000 workers, with 126,000 employees in the United States at the end of June last year, according to its annual filing with the U.S. SEC.</p>
<p><a href="https://www.deccanherald.com/tags/microsoft">Microsoft</a> is laying off 30 per cent of its workforce, or roughly 7,000 employees, <em>CNBC</em> reported on Tuesday, as the technology giant looks to rein in costs while funneling billions of dollars into its ambitious bet on artificial intelligence.</p><p>The cuts will be across all levels and geographies, and are likely the largest since Microsoft laid off 10,000 employees in 2023, according to the report, which cited a company statement.</p>.Google lays off hundreds of employees in Android, Pixel Group: Report.<p>The company let a small number of employees go in January over performance-related issues, but the latest cuts are not related to that and are focused on trimming management layers, the report said.</p><p>Microsoft did not immediately respond to a <em>Reuters</em> request for comment. The company's stock was slightly lower in morning trading.</p><p>As artificial intelligence emerges as a major growth engine, Big Tech has been pouring money into the space while slashing costs elsewhere to safeguard profit margins.</p><p>Rival Google has also laid off hundreds of employees in the past year, as it looks to control costs and prioritize AI, media reports have said.</p><p>Microsoft's reported move comes weeks after the company posted stronger-than-expected growth in its cloud-computing business Azure and blowout results in the latest quarter, calming investor worries in an uncertain economy.</p><p>The company had a total of 228,000 workers, with 126,000 employees in the United States at the end of June last year, according to its annual filing with the U.S. SEC.</p>