Microsoft is cutting roughly 3% of its global workforce as the company shifts more resources toward the race to develop advanced artificial intelligence, the company confirmed on Tuesday.

Microsoft is letting go of about 6,000 employees, which is around 3 per cent of its total workforce. The layoffs are happening across different teams, levels, and countries. This is one of the largest rounds of job cuts by the company since it cut 10,000 jobs in 2023.

Technology giant Microsoft has plans to trim its headcount by 3% through layoffs. CNBC first reported on the move.

Australian staff at global tech giant Microsoft are nervously waiting to find out if they will be among about 90 staff likely to be sacked as part of worldwide cuts.

That’s certainly the case with an artificial intelligence-led concept of how Windows-based personal computing with Microsoft-branded PCs is playing out.  This time last year, with great hype and fanfare,

On April 30, Microsoft reported its latest earnings numbers, which highlight one of the best reasons for buying this AI stock: its diversification. While Microsoft is an AI play and that is a big part of its long-term strategy, it doesn't define its business by any means.

Microsoft is cutting around 6,000 jobs to save money, even while it spends big on artificial intelligence. The company says the move will help it focus on important areas as building AI tools is becoming more expensive and affecting profits.

Microsoft is letting go of around 6,000 workers as it shifts more of its focus to artificial intelligence. The company has said that it is cutting back on management layers