Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Freedom Bunker
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Microsoft Plans Thousands Of Job Cuts As Stock Suffers Worst Start In Years

% of readers think this story is Fact. Add your two cents.


Microsoft Plans Thousands Of Job Cuts As Stock Suffers Worst Start In Years

Microsoft shares are on track for one of their worst starts to a year in two decades, down roughly 21% year to date as of Tuesday’s close, as a cloud and sales hiring freeze and a broader “reset” of the Xbox unit have made recent headlines. This comes on top of growing concern over Microsoft’s AI spending boom.

Like much of the technology sector, Microsoft and other tech giants became labor-heavy after years of overhiring before and during the early Covid period. Now, the AI capex boom is forcing a major reassessment.

Hyperscalers are pouring hundreds of billions into data center buildouts, while AI chatbots and automation tools are beginning to replace white-collar tasks. The result is a broad workforce reset across Big Tech, with companies such as Microsoft rethinking headcount.

Business Insider reports that Microsoft is preparing to announce yet another round of job cuts as early as next week. The report was based on people familiar with upcoming labor restructuring efforts.

The layoffs are expected to affect thousands of employees across sales, consulting, and Xbox, though the reductions will be smaller than last year’s reductions. The next round is expected to be around 2.5% of Microsoft’s roughly 220,000-person workforce.

Last year, Microsoft eliminated 6,000 jobs in May and another 9,000 in July, or about 4% of its total workforce.

In April:

A separate report from Bloomberg says that payroll data across the financial activities and information sectors, where AI adoption has been fastest, is currently shrinking jobs by about 28,000 a month on average so far this year.

Goldman analyst Sarah Dong wrote in a note on Tuesday that the current AI adoption rate across corporate America stands at around 20.6% and is increasing.

These white-collar layoffs are likely only beginning to accelerate.

Latest firings:

Our assessment is that displaced workers should not be looking to downshift into low-wage service jobs, such as bartending and server work, as in previous cycles, but instead toward the physical buildout of the AI economy. Data centers, power infrastructure, grid upgrades, cooling systems, and electrical construction are where labor demand is rising, wages are strong, and jobs are plentiful.

Tyler Durden Wed, 07/01/2026 – 10:30


Source: https://freedombunker.com/2026/07/01/microsoft-plans-thousands-of-job-cuts-as-stock-suffers-worst-start-in-years/


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.


LION'S MANE PRODUCT


Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules


Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.



Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.


Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

MOST RECENT
Load more ...

SignUp

Login