WS #11440
Microsoft is reportedly planning a third major layoff round in just over a year, targeting thousands of employees in sales, consulting, and Xbox divisions, though cuts are expected to be less than 2.5% of its 220,000 workforce. Key Nvidia supplier Foxconn posted a 40% year-on-year Q2 revenue jump driven by AI server demand, signaling continued strength in the AI infrastructure buildout.
Microsoft Layoff Reports
Microsoft is reportedly planning a third major layoff round in just over a year, targeting thousands of employees in sales, consulting, and Xbox divisions, though cuts are expected to be less than 2.5% of its 220,000 workforce.
Key Nvidia supplier Foxconn posted a 40% year-on-year Q2 revenue jump driven by AI server demand, signaling continued strength in the AI infrastructure buildout.