neutral
Recently
Microsoft to cut up to 10,000 jobs as cloud spend growth slows
Microsoft will cut up to 10,000 jobs globally to shift focus toward high-growth AI infrastructure and cloud priorities.
Microsoft plans to eliminate upto 10,000 corporate and engineering roles globally in response to slowing growth in its cloud business and weaker enterprise hardware demand. The company cited need to re-prioritise higher-growth areas like AI infrastructure and generative workloads while trimming less-strategic units. Analysts say this move signals a broader pivot toward efficiency among Big Tech. The job cuts are expected to weigh modestly on near-term sentiment but most investors see the restructuring as pre-emptive with strong balance sheet cushions backing the new strategy.