Microsoft announces layoffs of 9,000 employees despite record profits. The tech giant continues aggressive workforce reductions across multiple divisionS

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.

The reductions followed cuts of about 6,000 positions last quarter, and were indicative of a tightening job market at big technology companies.