Cai Yuan

News

Microsoft Plans to Cut Another 5,000 Jobs — Stock Still Rises 1.6% in Pre-Market

Microsoft is planning its third major layoff round in a year, cutting up to 5,500 roles across sales, consulting and Xbox. Yet the stock is up 1.6% in pre-market trading as investors cheer the company’s pivot to AI.

News

Microsoft Plans 2.5% Workforce Cut Next Week, Xbox Hit; Stock Rises After Hours

Microsoft (MSFT) is planning a new round of layoffs affecting up to 2.5% of its workforce, including its Xbox gaming division. The stock rose 1.21% in after-hours trading.