Source : INDIA TODAY NEWS
Microsoft is laying off around 4,800 employees, or about 2.1 per cent of its global workforce, as the company continues to invest heavily in artificial intelligence (AI) while looking for ways to improve efficiency across its business, reported Reuters,
The latest round of layoffs comes at a time when major technology companies are spending billions of dollars on AI infrastructure and facing growing pressure to show returns on those investments.
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SOURCE :- TIMES OF INDIA
