WS #11516

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Microsoft cuts 4,800 jobs (2.1% of workforce), with 1,600 Xbox roles eliminated and four studios spun off, signaling significant restructuring. TeraWulf (WULF) pre-market +16% on a 20-year, $19 billion data center lease with Anthropic, boosting AI infrastructure plays.

Microsoft layoffs and Xbox restructuring

Microsoft cuts 4,800 jobs (2.1% of workforce), with 1,600 Xbox roles eliminated and four studios spun off, signaling significant restructuring.

TeraWulf (WULF) pre-market +16% on a 20-year, $19 billion data center lease with Anthropic, boosting AI infrastructure plays.

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