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

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...
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Apr 29, 2026 / Tyler Durden
Housing Starts Surge To Highest Since 2024 As Permits Unexpectedly Crater
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Apr 22, 2026 / Tyler Durden
Iran Fires On Third Ship In Hormuz Chokepoint, Says US Navy Blockade 'No Different Than Bombing'
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Nick Shirley Went To Cuba... He Almost Didn't Make It Home
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