Wednesday, 1 July, 2026
AI Push Triggers Another Microsoft Layoff Wave
By TechShots Studio
Microsoft is planning to cut thousands of jobs next week—affecting less than 2.5% of its 220,000-person workforce—primarily across sales, consulting, and its Xbox gaming division. The restructuring follows a recent historic voluntary retirement buyout program. This latest move underscores Microsoft’s aggressive push to rein in traditional operational expenses as it heavily reallocates capital and resources toward massive AI investments.
Read full story at TIMES OF INDIA