Microsoft is cutting roughly 3% of its global workforce as the company shifts more resources toward the race to develop advanced artificial intelligence, the company confirmed on Tuesday.

Microsoft announced Tuesday it will lay off 6,000 employees — about 3% of its workforce — as part of a broader strategy to prioritize artificial intelligence and improve overall performance.

Microsoft began laying off about 6,000 workers Tuesday, nearly 3% of its entire workforce and its largest job cuts in more than two years as the company spends heavily on artificial intelligence.

On April 30, Microsoft reported its latest earnings numbers, which highlight one of the best reasons for buying this AI stock: its diversification. While Microsoft is an AI play and that is a big part of its long-term strategy, it doesn't define its business by any means.

While this bodes well for Nvidia and AMD, another industry darling is positioned to benefit from these tailwinds. Broadcom's AI business is thriving thanks to cloud hyperscalers, suggesting the stock could be an interesting buy.

Microsoft cuts 7,000 jobs to prioritize AI investments. Layoffs impact LinkedIn, Xbox, and global offices as company streamlines operations.

Given the importance of artificial intelligence (AI), we would like to share a few high-level thoughts. Click here to read more.

AI is essential to building world-class cybersecurity capabilities for our customers. We are proud that AI is infused across our technology and our product stack,” Ling said. There’s a big event coming up you don’t want to miss that will deeply explore the intersection of AI and cybersecurity: the Potomac Officers Club’s 2025 Cyber Summit.

Technology giant Microsoft has plans to trim its headcount by 3% through layoffs. CNBC first reported on the move.

The layoff season in many tech giants is still going on and this time it's Microsoft who is going to fire thousands of employees.