Microsoft's 4,800 Layoffs

Microsoft's 4,800 Layoffs

Microsoft cut 4,800 jobs, and the savings cover roughly two days of its AI infrastructure spending. Host Emily Laird runs the arithmetic the press release skipped: a $190 billion capex bill, an Xbox division losing 64 cents on every dollar, and a $625 billion backlog where nearly half the money traces back to one cash-burning customer. This is the story of a company growing 18 percent while shedding a trillion dollars in market value. The layoffs were never a savings plan, they were a message.

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