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Microsoft saves $500M through AI tools and cuts ~9,000 jobs amid rising infrastructure costs and workforce realignment.
Minister of Creative Economy Teuku Riefky Harsya voices concerns about the recent surge in layoffs in the creative industry and agencies.
Microsoft says AI saved over $500M in customer support, just days after 9,000 job cuts. The timing drew criticism, even as the company invests $80B into its growing AI ambitions.
Microsoft is increasingly integrating AI across its operations to boost efficiency and cut costs, even as it lays off thousands of employees. The company says that AI is helping it in major savings ...
Despite laying off nearly 15,000 employees this year, Microsoft claims its artificial intelligence tools are delivering major cost savings and productivity gains.
After laying off 9000 workers, Microsoft touts itself as saving $500 million in AI efficiency.
"I think is too late for us" to catch up with Nvidia's position in AI, said Lip-Bu Tan. But he said Intel has other opportunities in the field.
Microsoft’s chief commercial officer Judson Althoff noted AI has been so useful that Microsoft was able to save more than ...
The Durham-based parent company says it still plans to grow Q2 Solutions’ local headcount despite the grant terminations.
The tech giant's multibillion-dollar initiative aims to prepare the workforce for an AI-driven future. The Puget Sound ...
A former Rogers Communications (TSX: RCI.B) employee claims the Canadian telecommunications company forced workers to train ...
The tech giant last week announced plans to lay off nearly 4% of its workforce as it looks to rein in costs amid hefty ...