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moves money Tech-Economic Times July 01, 2026

Microsoft to cut under 2.5% of workforce in latest layoffs: report

Microsoft to cut under 2.5% of workforce in latest layoffs: report
AI Summary

companies ‌have continued ⁠to trim ⁠headcount in recent months, with a fresh wave of layoffs across the ​technology, media and finance sectors as firms rein in costs, while investing heavily ​in AI infrastructure.

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