Microsoft Eyes Another Layoff Wave of ~5,000 Workers, Targeting Sales, Consulting, Xbox
- Microsoft is preparing to cut roughly 5,000 jobs (under 2.5% of its global workforce) as early as next week, hitting sales, consulting and Xbox gaming teams, according to Fox Business.
- Move continues the company's July fiscal-year-start retrenchment pattern and accelerates its pivot of capital into AI infrastructure.
- Follows broader Big Tech belt-tightening as AI capex strains margins and growth in legacy software segments slows.