Reported 2 days ago
Microsoft's chief commercial officer revealed that AI tools have enabled the company to save over $500 million in productivity gains, especially in its call centers, just days after laying off 9,000 employees. This marks the company's third round of layoffs this year, totaling around 15,000 job losses. Althoff's comments, amidst record profits of $26 billion and a market cap of $3.74 trillion, have been met with criticism as affected workers face the repercussions of the layoffs while the company thrives economically.
Source: YAHOO