WS #11126
Microsoft plans another round of job cuts impacting thousands, less than 2.5% of workforce, bearish for MSFT. Micron CEO Sanjay Mehrotra sold 40,000 shares on June 26, a bearish insider signal despite strong earnings. Shutterstock shares plunge 30% after-hours as Getty Images cancels merger due to UK regulator ruling.
Microsoft Layoffs
Microsoft plans another round of job cuts impacting thousands, less than 2.5% of workforce, bearish for MSFT.
Micron CEO Sanjay Mehrotra sold 40,000 shares on June 26, a bearish insider signal despite strong earnings.
Shutterstock shares plunge 30% after-hours as Getty Images cancels merger due to UK regulator ruling.