Business Insider reported Microsoft (MSFT.O) plans to announce another round of
layoffs to control costs, affecting thousands of positions across sales,
consulting and the Xbox gaming unit. The cut is expected to be smaller than last
year and below 2.5% of its roughly 220,000 workforce. The company may announce
the move next week, though timing could change; some affected employees will be
immediately offered new roles. Last year Microsoft cut about 6,000 jobs in May
and a further 9,000 in July. The decisions come as Microsoft steps up AI
investment while trimming expenses.
