Tech giant Microsoft has announced plans to lay off up to 9,000 employees in its latest wave of job cuts this year. The company announced on Wednesday, July 2, that the decision affecting nearly 4% of its global workforce is part of a broader strategy to control costs while continuing to invest heavily in artificial intelligence infrastructure.

Microsoft began job cuts that will impact about 9,000 workers, its second major wave of lay-offs this year as it seeks to control costs while ramping up on artificial intelligence (AI) spending. Less than 4 per cent of the company’s total workforce would be affected,

Microsoft is cutting 9,000 more jobs across the company, following earlier layoffs, amid major investments in AI and cloud infrastructure.