Microsoft trims jobs as it enters new fiscal year

Business Insider had earlier reported that the company cut under 1,000 jobs across its business this week. The company cut roles at its online news portal MSN.com, as it shifted to an AI-powered algorithmic feed, according to the report, which added that jobs were also cut in the Microsoft Azure cloud division. Late last month, Microsoft said it would close its retail stores and take a related pre-tax asset impairment charge of $450 million amid the ongoing coronavirus outbreak.

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