The Next Wave: Are layoffs good for AI’s business?
Microsoft's retreat from Africa raises a bigger question about AI layoffs, investor confidence, and the business of selling fear.
Via TechCabal
Microsoft has shut its Africa Development Centre (ADC) in Nairobi, Kenya, leaving more than 400 engineers without jobs, following the closure of its Lagos engineering operation in May 2024. It has also closed sales offices in Windhoek, Abidjan, Dakar, Accra and Port-Louis. Microsoft says it “remains committed to Kenya”, but its retreat from the places where it once promised to build African engineering talent tells a different story. As the company and its peers pour billions into artificial intelligence (AI)…
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