Microsoft cuts 300 jobs to focus on AI, remains financially strong

From Financial Modeling Prep: 2025-06-03 07:53:00

Microsoft Corp (NASDAQ:MSFT) has laid off over 300 employees as part of a broader restructuring plan, following a previous announcement of 6,000 job cuts. The move aims to streamline operations and boost investment in artificial intelligence (AI).

Tech companies, including Microsoft, are cutting costs to fund AI research and development. The industry trend highlights a shift towards AI, machine learning, and cloud innovation, redirecting talent demand.

Despite the layoffs, Microsoft remains financially strong, with robust cash flows and a leading position in enterprise AI. The company’s strategic partnership with OpenAI and integration of AI in products like Microsoft 365 and Azure reinforce its competitive edge in the market.



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