Microsoft to cut about 5,500 jobs in new cost-cutting round, report says
The planned reductions would affect less than 2.5% of Microsoft’s workforce and are reported to target sales, consulting and Xbox.
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The planned reductions would affect less than 2.5% of Microsoft’s workforce and are reported to target sales, consulting and Xbox.
THE APEX TIMES
The company is preparing a new set of job reductions, with an overall scale expected to be smaller than the layoffs it carried out in the previous year, a media report says.
The new platform, announced June 30, aims to automate how consumer goods companies manage sales deductions tied to revenue leakage and cash-flow pressure, with Microsoft Azure as its cloud foundation.
The Microsoft partner recognition points to CallTower’s focus on helping organizations deploy and run Teams-based calling, a software and services area Microsoft has positioned as part of its broader Modern Work push.
A market post pointed to possible next-week reductions affecting about 5,700 roles, a catalyst traders linked to an overnight rise in Microsoft’s stock while retail sentiment stayed upbeat.
A recent market note argues Microsoft’s cloud and artificial intelligence businesses remain key supports even as the stock trades close to its lowest level over the past year.
Business Insider, via Yahoo Finance, cites unnamed sources saying Microsoft could announce a new round of job cuts next week, targeting under 2.5% of its workforce.
A market report says Microsoft will increase Xbox console pricing starting Aug. 1 by $100 or more and will discontinue its 2TB Xbox model.
A widely followed stock research round-up points to accelerating AI momentum at Microsoft, alongside ongoing constraints in cloud capacity and intensifying competition in enterprise software and cloud services.