MICROSOFT TO LAY OFF ABOUT 9,000 WORKERS

Summary from the TLDR newsletter

Microsoft plans to cut another 9,000 workers, less than 4% of the tech giant's global workforce, in its latest round of layoffs. The cuts to staff will span levels, geographies, tenure, and teams. Companies across many sectors have been reducing their workforces while looking to boost productivity. The increasing use of artificial intelligence may eliminate the need for certain roles.