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MSFT stock price increases by 10% by end of 2024?
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Microsoft to Lay Off Hundreds in Azure Cloud and Mixed Reality Units
Jun 3, 2024, 08:03 PM
Microsoft is laying off hundreds of employees in its Azure cloud business, according to a report from Business Insider. The layoffs, confirmed by sources familiar with the situation, are part of a broader restructuring effort within the company. The move comes as Microsoft aims to streamline its operations and improve efficiency in its cloud services division. Additionally, the layoffs will affect the mixed reality unit. The company's stock symbol is $MSFT.
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