Microsoft joins AI-driven tech layoff wave with 4,800 job cuts

Microsoft announced the cuts on July 6, following a nearly 23% slump in its shares in the first six months of 2026, its worst first-half performance since 2022

Jul 7, 2026 - 14:30
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Microsoft joins AI-driven tech layoff wave with 4,800 job cuts
Microsoft announced the cuts on July 6, following a nearly 23% slump in its shares in the first six months of 2026, its worst first-half performance since 2022

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