Microsoft’s healthcare AI arm Nuance Communications plans to cut jobs
Speech-recognition company Nuance Communications, acquired by Microsoft for $19.7 billion, is undergoing layoffs as it focuses on its healthcare business.
Nuance CEO Mark Benjamin notified employees about the job cuts in an internal memo, without detailing the number of staffers or departments affected, according to the Boston Globe.
“We continue to see macroeconomic pressures affect our industries, as well as market shifts that are evolving our customers’ needs,” Benjamin wrote in the email.
He further stated that it is critically important that “we maintain our ability to make key investments in our businesses so that we can deliver on our current plans and are able to capitalise on the future opportunities we have ahead of us”.