Business Wire
BusinessAMD says Instinct AI systems are now operating in Saudi Arabia, highlighting a potential ramp tied to additional data-center powerThe Apex TimesBusinessCostco and Old Navy promotions, Apple leadership change, and other retail and tech themes surfaced in a market roundupThe Apex TimesBusinessDeere named among stocks making notable moves in late-Thursday trading recapThe Apex TimesBusinessSalesforce says AI-driven revenue momentum is building as Agentforce adoption spreadsThe Apex TimesBusinessSalesforce backs HiBob to bolster workforce AI, and adds a new AgentExchange email toolThe Apex TimesBusinessEverPass Media expands NFL distribution via multi-year Netflix deal for 2026 slateThe Apex TimesBusinessUnitedHealth shares rise as it moves to drop prior-authorization checks for about 30% of servicesThe Apex TimesBusinessBerkshire Hathaway CEO Greg Abel to Appear on TV in Rare Interview, With Focus Likely on Insurance and BNSFThe Apex TimesBusinessCoinbase expands Webull crypto trading footprint into CanadaThe Apex TimesBusinessBroadcom leans harder into VMware AI with a push aimed at enterprise rivalsThe Apex TimesBusinessModerna shares jump after GSK advances a rival mRNA flu vaccine to Phase IIIThe Apex TimesBusinessYahoo Finance points to “buy zones” for Microsoft, Palantir, Shopify and ServiceNowThe Apex TimesBusinessAMD says Instinct AI systems are now operating in Saudi Arabia, highlighting a potential ramp tied to additional data-center powerThe Apex TimesBusinessCostco and Old Navy promotions, Apple leadership change, and other retail and tech themes surfaced in a market roundupThe Apex TimesBusinessDeere named among stocks making notable moves in late-Thursday trading recapThe Apex TimesBusinessSalesforce says AI-driven revenue momentum is building as Agentforce adoption spreadsThe Apex TimesBusinessSalesforce backs HiBob to bolster workforce AI, and adds a new AgentExchange email toolThe Apex TimesBusinessEverPass Media expands NFL distribution via multi-year Netflix deal for 2026 slateThe Apex TimesBusinessUnitedHealth shares rise as it moves to drop prior-authorization checks for about 30% of servicesThe Apex TimesBusinessBerkshire Hathaway CEO Greg Abel to Appear on TV in Rare Interview, With Focus Likely on Insurance and BNSFThe Apex TimesBusinessCoinbase expands Webull crypto trading footprint into CanadaThe Apex TimesBusinessBroadcom leans harder into VMware AI with a push aimed at enterprise rivalsThe Apex TimesBusinessModerna shares jump after GSK advances a rival mRNA flu vaccine to Phase IIIThe Apex TimesBusinessYahoo Finance points to “buy zones” for Microsoft, Palantir, Shopify and ServiceNowThe Apex TimesBusinessAMD says Instinct AI systems are now operating in Saudi Arabia, highlighting a potential ramp tied to additional data-center powerThe Apex TimesBusinessCostco and Old Navy promotions, Apple leadership change, and other retail and tech themes surfaced in a market roundupThe Apex TimesBusinessDeere named among stocks making notable moves in late-Thursday trading recapThe Apex TimesBusinessSalesforce says AI-driven revenue momentum is building as Agentforce adoption spreadsThe Apex TimesBusinessSalesforce backs HiBob to bolster workforce AI, and adds a new AgentExchange email toolThe Apex TimesBusinessEverPass Media expands NFL distribution via multi-year Netflix deal for 2026 slateThe Apex TimesBusinessUnitedHealth shares rise as it moves to drop prior-authorization checks for about 30% of servicesThe Apex TimesBusinessBerkshire Hathaway CEO Greg Abel to Appear on TV in Rare Interview, With Focus Likely on Insurance and BNSFThe Apex TimesBusinessCoinbase expands Webull crypto trading footprint into CanadaThe Apex TimesBusinessBroadcom leans harder into VMware AI with a push aimed at enterprise rivalsThe Apex TimesBusinessModerna shares jump after GSK advances a rival mRNA flu vaccine to Phase IIIThe Apex TimesBusinessYahoo Finance points to “buy zones” for Microsoft, Palantir, Shopify and ServiceNowThe Apex TimesBusinessAMD says Instinct AI systems are now operating in Saudi Arabia, highlighting a potential ramp tied to additional data-center powerThe Apex TimesBusinessCostco and Old Navy promotions, Apple leadership change, and other retail and tech themes surfaced in a market roundupThe Apex TimesBusinessDeere named among stocks making notable moves in late-Thursday trading recapThe Apex TimesBusinessSalesforce says AI-driven revenue momentum is building as Agentforce adoption spreadsThe Apex TimesBusinessSalesforce backs HiBob to bolster workforce AI, and adds a new AgentExchange email toolThe Apex TimesBusinessEverPass Media expands NFL distribution via multi-year Netflix deal for 2026 slateThe Apex TimesBusinessUnitedHealth shares rise as it moves to drop prior-authorization checks for about 30% of servicesThe Apex TimesBusinessBerkshire Hathaway CEO Greg Abel to Appear on TV in Rare Interview, With Focus Likely on Insurance and BNSFThe Apex TimesBusinessCoinbase expands Webull crypto trading footprint into CanadaThe Apex TimesBusinessBroadcom leans harder into VMware AI with a push aimed at enterprise rivalsThe Apex TimesBusinessModerna shares jump after GSK advances a rival mRNA flu vaccine to Phase IIIThe Apex TimesBusinessYahoo Finance points to “buy zones” for Microsoft, Palantir, Shopify and ServiceNowThe Apex Times
Back to front
Microsoft to cut about 4,800 jobs, or 2.1% of its workforce, as it restructures for AI-led change
The Apex Times

THE APEX TIMES

Business/The Apex Times/Jul 6, 11:00 AM EDT

Microsoft to cut about 4,800 jobs, or 2.1% of its workforce, as it restructures for AI-led change

Microsoft said it will eliminate roughly 4,800 positions, about 2.1% of its global workforce, linking the move to “AI is changing how work gets done” and to a broader reshaping of teams and priorities, according to reports citing internal messages to employees.

Microsoft said it will reduce its workforce by about 4,800 roles, representing about 2.1% of its global headcount, as the company restructures to align investment with its biggest growth priorities. The news sparked selling in the stock, with reports describing pressure on shares immediately after the announcement.

In messages to employees cited by other outlets, Microsoft’s chief people officer, Amy Coleman, said technology is transforming faster than in her time at the company and that some everyday tasks can be automated. Coleman emphasized that AI would not replace the specific workers who are being laid off, but that employees still need to keep building new skills as the nature of work evolves.

Reporting on the internal communications also indicated that the job cuts are concentrated in the Xbox organization. Xbox CEO Asha Sharma told division employees that the company plans to cut 3,200 people through fiscal 2027, described as roughly two-thirds of the companywide layoffs and about 20% of employees working in Xbox, according to the report.

The same reporting said 1,600 of the Xbox-related roles would be eliminated immediately, with the remaining reductions continuing through the rest of fiscal 2027. Sharma reportedly acknowledged the disruption of a year-long restructuring and framed it as changes that cannot be completed in a single day.

The overall framing was that AI will change how work is designed, deployed, and used, affecting where Microsoft needs people and how it organizes work. Coleman’s comments suggested the company views the transition as a learning and adaptation challenge rather than a simple, one-time automation event, and she linked that transition to what customers are experiencing.

While the layoffs are being described as part of Microsoft’s broader shift, the company has not, in the publicly cited accounts, offered detailed breakdowns of which functions, geographies, or job families will be most affected beyond the Xbox focus. It also has not, in the reports referenced, provided specific cost-savings targets, severance terms, or the expected timing of any related hiring or reorganization beyond the timeline for Xbox cuts.

Microsoft’s move fits a wider pattern in technology, where companies are rebalancing talent and spending as generative AI tools change internal workflows and customer offerings. For Microsoft, the message underscores that its biggest investment themes, including AI-enabled productivity and cloud services, are increasingly intertwined with internal operating models and staffing decisions.

Why It Matters

  • The layoffs highlight how generative AI is prompting not just product changes but also organizational restructuring, including which teams Microsoft believes it needs most.
  • Concentrating cuts in Xbox indicates that Microsoft’s operating priorities are shifting, with attention potentially moving toward areas it views as faster-growing.
  • For investors and workers, the key question becomes whether the company’s AI strategy will be matched by redeployment and re-skilling at a scale similar to the workforce reductions.
  • The emphasis in internal messaging on learning and adaptation suggests Microsoft is trying to frame automation as a workflow transformation that requires capability changes, not simply headcount reduction.

Sources

Key Facts

  • Microsoft is reported to plan eliminating about 4,800 jobs, about 2.1% of its global workforce.
  • Microsoft’s chief people officer Amy Coleman linked the decision to the way AI is changing how work gets done and said the company needs employees to adapt and build new skills.
  • Reporting cited in other outlets indicates Xbox is the largest contributor to the cuts, with 3,200 roles expected to be eliminated through fiscal 2027.
  • The same reporting said 1,600 Xbox roles are scheduled to be removed immediately, with the remainder through fiscal 2027.
  • Xbox CEO Asha Sharma characterized the restructure as a multi-step process and said it is intended to return the division to growth next year.

Technology Related

Microsoft to cut about 4,800 jobs, or 2.1% of its workforce, as it restructures for AI-led change | The Apex Times