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moves money CIO.com September 18, 2026

The best workplace culture in America is being built by companies you’ve never heard of

The best workplace culture in America is being built by companies you’ve never heard of
AI Summary

Microsoft’s announcement that they would be cutting 4,800 jobs was met with confusion by many, who contrasted the layoffs with the company’s recent market success (Microsoft’s net income was $31.8 billion last quarter, up 23% year-over-year ). But it’s the reality of business in 2026 – profitable public companies cut thousands of jobs, impacting the lives of thousands of real people to justify huge AI investments to Wall Street. These layoffs by Microsoft and other corporate giants represent a t

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