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Microsoft lays off 4,800 staff, offers severance and stock vesting to US workers

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Microsoft announced a major round of job cuts this week, affecting approximately 4,800 employees worldwide. The layoffs are concentrated in the company's sales division and Xbox gaming business. Employees based in the United States will receive severance packages that include extended base pay and continued stock vesting for those who qualify. The workforce reduction is part of Microsoft's broader strategy to cut costs and redirect investment toward artificial intelligence infrastructure.

Read the full story at Times of India

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Microsoft lays off 4,800 staff, offers severance and stock vesting to US workers · ShortSingh