Microsoft cuts 4,800 jobs and resets Xbox
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Microsoft is cutting about 2.1% of its workforce, or roughly 4,800 jobs, the latest in a wave of tech layoffs as the Windows maker spends heavily on AI infrastructure and uses the technology to improve efficiency across its business.
Microsoft stock is under pressure as the company cuts 4,800 jobs, trims Xbox staff, and reshapes its gaming portfolio while AI spending remains in focus.
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Microsoft lays off nearly 5K workers, most of them at Xbox: ‘Our business today is not healthy’
Microsoft is axing 4,800 employees, most of them from its Xbox division, as it and the rest of the tech industry seek to adapt to the AI era. The cuts come as the software giant has heavily invested in artificial intelligence after years of pouring cash into gaming.
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Why Microsoft looks like the best big tech trade for H2 2026
Key Points Interested in Microsoft Corporation? Here are five stocks we like better. Microsoft stock fell roughly 37% from its 52-week high to a June 24 low of $349.20, despite strong Q3 2026 fundamentals.
Microsoft is the latest tech company to form a business focused on helping customers understand and implement artificial intelligence.
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Tech Moves: Microsoft names exec; Remitly CPO/CTO departs; AWS veteran to head Synthesia in Seattle
Microsoft names chief digital safety officer; Remitly's chief product and technology officer departs; and an AWS leader joins Synthesia to oversee its new Seattle office.
A compliance report released by Microsoft this week provided a rare look into how tech giants shift profits out of the countries where they have many employees and significant sales and into low-tax havens that help them cut their tax bills by billions of dollars.
Microsoft’s historical advantage could be largely circumvented. Moreover, developers, who traditionally thrived in Microsoft’s environment via GitHub and VS Code..
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Tech Moves: Amazon Music names VP; Microsoft departures and a Copilot shakeup; Veeam adds exec
Amazon Music names VP of product and tech; Microsoft's corporate VP of Security, Compliance, Identity, Management & Privacy steps down while its Copilot platform undergoes a shakeup; Veeam appoints a chief marketing and customer AI officer;
