The tech giant intends to reduce organizational layers by having fewer managers and streamlining its products, procedures and roles, Microsoft said Wednesday.

Microsoft Corp. began job cuts that will impact about 9,000 workers, its second major wave of layoffs this year as it seeks to control costs while ramping up on artificial intelligence spending.

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.