Tech's AI Ambitions Could Mean Layoffs. Here's the Latest From Microsoft. - Barron's

1. Microsoft is cutting less than 1% of its workforce based on performance. 2. The layoffs come amid increased spending on AI, totaling $80 billion by 2025. 3. Microsoft had 228,000 employees but had previously experienced major layoffs. 4. AI investment may create new opportunities despite potential job displacement concerns. 5. Tech sector layoffs have slowed, with fewer cuts in recent years.