CNBC's Steve Kovach reports on the latest news regarding Microsoft.
BreakdownGenerated by LeadStory AI
- Microsoft is laying off about 9,000 employees, less than 4% of its workforce. 7s
- This follows a previous layoff of 6,000 employees earlier in the year. 18s
- The layoffs are primarily targeting middle management roles, not based on performance. 1m 8s
- Divisions such as gaming are significantly affected, with some projects canceled. 1m 43s
- Artificial intelligence is increasingly used at Microsoft but is not the main reason for the layoffs. 1m 19s