Microsoft cuts 4,800 positions, insists jobs 'not being replaced by AI'

Microsoft announced it's cutting 4,800 jobs as part of a major restructuring effort, but executives emphasize that these layoffs aren't due to AI replacing workers. Instead, they claim AI is transforming how work gets done, not eliminating jobs outright. This move reflects broader industry trends where tech giants are realigning their workforce to adapt to new technologies and market demands. Despite the layoffs, Microsoft's heavy investment in AI suggests they believe this technology will drive future growth and efficiency.