02:38 PM EDT, 06/18/2025 (MT Newswires) -- Microsoft ( MSFT ) is planning to cut thousands more jobs, with a focus on the sales team, as part of the tech giant's latest effort to trim its workforce amid heavy investment in artificial intelligence, Bloomberg reported Wednesday, citing people familiar with the matter.
The terminations are expected to be announced in early July, according to the news outlet.
Microsoft ( MSFT ) did not immediately reply to a request for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 480.20, Change: +2.16, Percent Change: +0.45