​Microsoft stocks in focus: What the latest layoffs mean for investors​

Microsoft has announced plans to cut around 4,800 jobs, nearly 2.1% of its global workforce, as it begins its new fiscal year. The layoffs are concentrated in commercial sales, consulting, and Xbox gaming divisions, with about 1,600 immediate cuts in Xbox. The company stated the restructuring reflects evolving business priorities rather than AI directly replacing employees, even as it continues heavy AI infrastructure investments.