Microsoft to cut under 2.5% of workforce in latest layoffs: report

Microsoft is planning ​to cut under 2.5% of ​its workforce in the latest round of ​layoffs that could be announced as early as next week, Business Insider reported on Tuesday, citing sources.

Reuters could not immediately verify the report.

U.S. companies ‌have continued ⁠to trim ⁠headcount in recent months, with a fresh wave of layoffs across the ​technology, media and finance sectors as firms rein in costs, while investing heavily ​in AI infrastructure.

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