Microsoft to slash around 1,000 Jobs at the Beginning of the New Fiscal Year

Microsoft to slash around 1_000 Jobs at the Beginning of the New Fiscal Year

Microsoft has announced that it will cut more jobs as it enters a new fiscal year. The company did not specify on the roles that will be eliminated.

A Business Insider report had stated that Microsoft is slashing around 1,000 jobs across its businesses this week.

The company cut jobs at its online news portal MSN.com owing to a shift to an AI-powered algorithmic feed. Moreover, some of the jobs were also reduced in the Microsoft Azure cloud division.

Source: Reuters