Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Technology › Microsoft is reportedly planning thousands of layoffs as...
Technology

Microsoft is reportedly planning thousands of layoffs as it spends on AI

Microsoft is reportedly planning thousands of layoffs as it spends on AI
MarketWatch Wednesday 01 July 2026, 09:29 UTC By Nora Redmond 1 min read
Key Points

According to a Business Insider report, the tech giant is expected to cut less than 2.5% of its workforce

According to a Business Insider report, the tech giant is expected to cut less than 2.5% of its workforce
Microsoft (ORG) AI (ORG) Business Insider (ORG)
Originally published by MarketWatch Read original →

Related Stories

AI, Forging New Risks, Isn’t a Market Wizard After All

AI, Forging New Risks, Isn’t a Market Wizard After All More studies are trying to answer the question: what if everyone uses the same AI tool? This article is for subscribers only. Welcome to Bloomberg’s AI Today newsletter.

Bloomberg Technology 25m ago

Just About Anyone Can Sell You GLP-1s Online Now

This May, the digital search company JustAnswer made an odd pivot: It started selling weight loss drugs. Launching an online pharmacy to peddle GLP-1s wasn’t the obvious next step for a business that offers paid guidance from experts, but chief executive Andy Kurtzig says the decision was partly driven by advice from ChatGPT and partly by avid customer interest. The number of queries related to the drugs more than doubled between 2024 and 2025, he says.

Wired 25m ago

The World’s Second-Biggest Company Isn’t a ‘Rock Star’ Anymore

Google signage at the Google I/O Developers Conference in Mountain View, California, US, on Tuesday, May 19, 2026. Alphabet Inc.'s Google unveiled a new design for its iconic search box along with new artificial intelligence coding tools, the latest steps in the companys multibillion-dollar campaign to extend its influence in the age of AI. Photographer: David Paul Morris/Bloomberg

Bloomberg Markets 35m ago

Optometrist says bloodshot eyes can clear up with 'shot glass' method

Optometrist says bloodshot eyes can clear up with 'shot glass' method 'Anything' could be causing the unsightly issue that is hard for others to ignore Bloodshot eyes occur when the tiny blood vessels on the surface of the eye become swollen or dilated. Most bloodshot eyes are harmless and resolve on their own, but people can "refresh" themselves and clear up the issue at home using something that could already be in their cupboards. Optometrist Humaira Bham appeared on BBC's Morning Live...

Daily Mirror 46m ago