Microsoft job cuts due to AI: Microsoft lays off thousands, makes $27 billion profit in Q2 — CEO Satya Nadella doubles down on AI mania
Microsoft sends 27.2 billion dollars in the middle of big layoffs
Financial figures were in headlines, while the human cost behind it was not noticed. Only weeks before this earning report, Microsoft dismissed approximately 9,000 employees in multiple chaptersAccording to the Gamesradar report. According to the Gamesradar report, the decision was widespread among the workers as the company continued to invest in billions of artificial intelligence and large data infrastructure projects.
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CEO SATYA NADELLA Double AI’s first strategy
In a statement published with earnings, Microsoft CEO Satya Nadella According to the report, the company focused on the first AI strategy. “Cloud and AI, as Gamesradar quoted, is the driving force of business transformation in every sector and sector,” he said. “We are innovating in the pile of technology to help customers adapt and grow in this new age, this year, this year Azure As stated in the Gamesradar report, it generated 75 billion dollars with an increase of 34 percent of growth in all workloads.
Even before, Nadella emphasized superior comments about the AI, which accompanies the dismissal of the company, as the company’s “developing” financial gains “success is Enigma”, as reported by Gamesradar.
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Microsoft’s difficult choice: layoffs or AI expenditures
After Microsoft’s decision to dismiss 9,000 employees, the company faced a sharp election: AI scaled their aggressive expenditures or allowed thousands of workers to go as reported by Gamesradar. According to the report, he clearly selected the second option and felt like watching the value of a small city to lose his livelihood for many. However, “In the immoral world of public companies, unfortunately it seems to be paying for now, Gamesradar wrote.
Wider growth in Microsoft’s product series
In the meantime, Microsoft saw a 10% increase in game revenue in this quarter, and its content and service income increased by 13%, largely stemmed from the growth of the content. Xbox game crossing“According to the report, it helped balance a 22% decrease in Xbox hardware sales. Even the game has grown in the last quarter with Windows, Microsoft 365 and LinkedIn, but the rise is not only as reported by Gamesradar.
FAQ
Why has Microsoft recently quit 9,000 employees?
According to the Gamesradar report, Microsoft decided to cut things to give priority to artificial intelligence and cloud computing investments, which guide future growth.
What directs Microsoft’s financial growth?
The main drives are AI and cloud technology, especially from Azure.
