Episode Details
Back to Episodes
Sam Dickie: Fisher Funds expert on Microsoft cutting over 4,000 jobs as a result of AI
Published 1 month, 2 weeks ago
Description
Microsoft is cutting 4800 jobs - about two percent of its global workforce - in a sweeping restructure.
Most cuts are part of a restructure of its struggling Xbox gaming division.
It's the latest in a string of mass layoffs by the tech giant alongside major investment in AI.
Sam Dickie from Fisher Funds explained the implications of this move.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.