Microsoft fired 4,800 employees: Decision due to increasing expenditure on AI infrastructure; Company’s shares fell 20% in 6 months
New Delhi1 hour ago copy link Microsoft is cutting its total workforce by about 2.1%, under which about 4,800 employees will be laid off. Amidst the ongoing layoffs in the tech industry, this giant Windows manufacturing company has taken this decision to spend heavily on AI infrastructure and increase efficiency in the business. Pressure on…