Microsoft is reportedly preparing for another round of job cuts, potentially impacting approximately 5,700 employees. These reductions are expected to occur as early as next week, coinciding with the start of the company's new fiscal year. While some affected employees may be offered new roles internally, the layoffs are framed as part of ongoing organizational restructuring. This move follows previous significant workforce reductions in 2023 and 2024. The company's stock has seen a recent increase in overnight trading.
https://stocktwits.com/news-articles/markets/equity/microsoft-layoffs-coming-next-week-msft-stock-climbs-overnight-retail-stays-bullish/cZm3TWRR7K2