Microsoft to Cut 9,000 Jobs as AI Investments Take Priority
Microsoft has confirmed plans to lay off up to 9,000 employees in its latest round of job cuts this year. The move affects about 4% of the company's global workforce, though specific departments were not disclosed.
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U.S. employers added 147,000 jobs in June as the American labor market continues to show surprising resilience despite uncertainty over President Trump's economic policies.
