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AssetID: 54745863

Headline: Microsoft Slashes 7,000 Jobs Amid AI Investment Push

Caption: Microsoft is cutting around 7,000 jobs—about 3% of its global workforce—as part of a major cost-cutting effort, according to CNBC.

Keywords: Microsoft,7,000 jobs,3% workforce,cost-cutting,layoffs,2023,performance-based,management,artificial intelligence,Big Tech,AI investment,Google,Azure,cloud business,growth,investor concerns,economic uncertainty,228,000 employees,126,000 U.S.,workforce reduction.

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