Microsoft Reportedly Prepares New Layoff Round, Up to 5,500 Jobs Affected
MSFT is trading near its 52-week low of $349.2 (7.5% above the low).
Summary
Microsoft is reportedly preparing a new round of layoffs that could impact up to 2.5% of its global workforce, equating to approximately 5,500 employees. This follows a period of strong financial performance and strategic advancements for the company, including robust Q3 FY26 results and significant OpenAI partnership amendments. The planned cuts, which are smaller than previous reductions, suggest ongoing cost optimization or strategic restructuring across divisions like sales, consulting, and Xbox gaming operations.
At the time of this announcement, MSFT was trading at $375.55 on NASDAQ in the Technology sector, with a market capitalization of approximately $2.8T. The 52-week trading range was $349.20 to $555.45. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: dpa-AFX.