anyone effected here?? many jobless ppl again outside...

(Reuters) - Microsoft said on Tuesday it was laying off less than 3% of its workforce, or around 6,000 employees, as the technology giant looks to rein in costs while funneling billions of dollars into its ambitious bet on artificial intelligence. The cuts will be across all levels and geographies and are likely the largest since Microsoft laid off 10,000 employees in 2023. The company let a small number of staff go in January over performance-related issues, but the new cuts are not related to that, according to CNBC, which first reported the news.

Big Tech has been spending heavily on AI as they see the new technology as a major growth engine, while slashing costs elsewhere to safeguard profit margins. Google has also laid off hundreds of employees in the past year, as it looks to control costs and prioritize AI, media reports have said."We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace," a Microsoft spokesperson said on mail. The company, which had 228,000 workers as of June last year, regularly uses layoffs to prioritize staffing in its main focus areas. Tuesday's move comes weeks after Microsoft posted stronger-than-expected growth in its cloud-computing business Azure and blowout results in the latest quarter, calming investor worries in an uncertain economy.

But the cost of scaling its AI infrastructure has weighed on profitability, with Microsoft Cloud margins narrowing to 69% in the March quarter from 72% a year ago.

ya join MNC get big fat cheque can enjoy in expensive restaurant drive big car.. suddetly kena potong end up have to change lifestyle liao.. terrible!!

tak kira apa award... asalkan gaji besar kena potong la

who say msia cannot??? uncle kena before la just fire you and give you compensation... how you complain also tak guna...

ya happen to me many many yrs ago...

biasa la.. want better benefits and gaji besar.. all this want lo.. have been thru that done that... in the end frusfration etc etc competition for work is stiff out there.. many jobless ppl applying for 1 single role.. crazy man

They hire low pay jobs.. fresh grads or midlevel staff.. below rm10k kind of job.. high pay job risky can kena layoff anytime...