Microsoft Confirms 4,800 Job Cuts, Says AI Is Not Driving the Layoffs
AI Summary
Microsoft has confirmed it will eliminate 4,800 jobs (about 2.1% of its global workforce) following an internal memo from Chief People Officer Amy Coleman to employees this week. The reduction is smaller than the up-to-5,700 figure reported earlier . According to the company, the difference reflects the impact of its first voluntary retirement programme, with roughly 30% of the 8,750 eligible US employees accepting the offer.
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