Microsoft to slash 9,000 jobs in latest brutal cut amid AI push: report
1. Microsoft will lay off about 9,000 workers, impacting less than 4% of workforce. 2. The layoffs aim to cut management layers and redirect resources to AI. 3. Microsoft has reported nearly $26 billion net income and $70 billion revenue recently. 4. Shares in Microsoft have risen more than 17% this year amid strong projections. 5. Microsoft may pause partnership talks with OpenAI over stake agreement disputes.