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Stockreport

Meta to cut 8,000 jobs, Microsoft offers buyouts to staff as AI spending costs hit Big Tech workers [Yahoo! Finance Canada]

Microsoft Corporation (MSFT)  More Company Research Source: Yahoo! Finance Canada
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
The company says it will cut 10% of its workforce, or about 8,000 employees. The news comes after a trickle of reports suggested the company was planning a sweeping wave of job cuts this spring. Microsoft ( ) will also offer voluntary buyouts to some employees as the company joins many of its Big Tech peers in seeking ways to control costs amid their AI spending sprees. According to a source familiar with the matter, roughly 7% of Microsoft's US employees, senior directors or below, can take part in the buyouts if their years at the company plus their age add up to at least 70. This program will mark a first for Microsoft, which also laid off thousands of workers in 2025. Microsoft's peers have made similar moves over the last year. Amazon ( ), Google ( ), Meta, and Oracle ( ) have also laid off employees at various points. All four companies are also spending billions to construct data centers and develop AI models. Amazon, Google, Meta, and Microsoft alone will spend some [Read more]
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Stockreport

Meta to cut 8,000 jobs, Microsoft offers buyouts to staff as AI spending costs hit Big Tech workers [Yahoo! Finance Canada]

Microsoft Corporation  (MSFT) 
More Company Research Source: Yahoo! Finance Canada
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
The company says it will cut 10% of its workforce, or about 8,000 employees. The news comes after a trickle of reports suggested the company was planning a sweeping wave of job cuts this spring. Microsoft ( ) will also offer voluntary buyouts to some employees as the company joins many of its Big Tech peers in seeking ways to control costs amid their AI spending sprees. According to a source familiar with the matter, roughly 7% of Microsoft's US employees, senior directors or below, can take part in the buyouts if their years at the company plus their age add up to at least 70. This program will mark a first for Microsoft, which also laid off thousands of workers in 2025. Microsoft's peers have made similar moves over the last year. Amazon ( ), Google ( ), Meta, and Oracle ( ) have also laid off employees at various points. All four companies are also spending billions to construct data centers and develop AI models. Amazon, Google, Meta, and Microsoft alone will spend some [Read more]
IMPACT SNAPSHOT
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MSFT
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Price Change %
Volume Shares
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Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS