Business1 min read

Microsoft offers “voluntary” layoffs to 60,000 as bosses make workers pay for AI gamble - Liberation News

By · Via Lemmy Technology · Published by Everything Blog

In short

Microsoft is downsizing by offering "voluntary" layoffs to 60,000 employees as part of a restructuring effort, with the company reportedly requiring workers to pay for an AI investment gamble that could potentially lead to its downfall. The layoffs are part of a larger restructuring that includes hiring 2,000 new employees.

Key points

  • Microsoft is implementing a restructuring effort with layoffs.: Microsoft is implementing a restructuring effort with layoffs.
  • The AI investment gamble is seen as a potential risk for the company.: The AI investment gamble is seen as a potential risk for the company.
  • The layoffs are part of a larger restructuring that includes hiring new employees.: The layoffs are part of a larger restructuring that includes hiring new employees.

Sources checked by our analysis pipeline: 1

You must log in or register to comment.

Hmm gamble, take the severance, get rehired when it all burns.

Meanwhile, see if you can use (local) AI to not need them.

Also my hot take is, they were downsizing and AI lets them to fire people while coming off as a growing company.

deleted by creator

Original source: lemmy.ml

Business