Microsoft cuts 4,800 employees in new layoffs

11:37am, Monday, 06'th Jul 2026
CNBC's Kate Rooney reports on news regarding Microsoft.

Microsoft cuts 4,800 job as it revamps Xbox

11:20am, Monday, 06'th Jul 2026
Microsoft said Monday it was eliminating about 4,800 jobs—roughly 2% of its global workforce—in a cost-cutting move that will deliver a sweeping restructuring of its struggling Xbox gaming divisio
The AI infrastructure boom has rewritten the rules of the semiconductor industry. Over the past 18 months, memory chips transformed from commodity products into one of the world's most valuable bottle
Microsoft cut around 4,800 roles, or 2.1% of its global workforce, on Monday — the latest in a series of layoffs that's stoking fears that AI will replace people at companies.

Analyst updates Microsoft stock price target

10:48am, Monday, 06'th Jul 2026
DA Davidson has reiterated its ‘Buy' rating on Microsoft (NASDAQ: MSFT) and maintained its $550 price target.
Microsoft and Meta Platforms are down, but definitely not out.
Microsoft Corp (NASDAQ:MSFT) shares fell after the software giant said it would cut around 4,800 jobs, or 2.1% of its global workforce, as it restructures to focus on its biggest growth priorities. T
Two AI leaders offer very different paths: explosive growth or steadier compounding. Here's what investors should weigh before choosing.
These are all giants in their realms, and their stocks are attractively valued, too.

China Becomes Biggest Enemy Of US AI

10:19am, Monday, 06'th Jul 2026
OpenAI and Anthropic may want to get their companies public as soon as possible. Microsoft and Meta may want to close financial deals for data centers sometime this year. Several sources say a new AI
This article was written by Doug Nathman, with research by his team at Trefis.
Microsoft Corp.'s Xbox plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a massive reorganization to spur growth in the struggling gaming division. Jason Schreie
Important Information Regarding Section 20(a) Individual Liability Claims Against Four Microsoft Executives Who Allegedly Signed Off on Misleading AI Statements Important Information Regarding Section
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 imp
The videogame unit's revenue has fallen and its Netflix-like subscription service is far below expectations.
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