Microsoft laying off about 9,000 employees in latest round of cuts
1. Microsoft plans to lay off 9,000 employees, affecting less than 4% workforce. 2. Layoffs align with organizational changes for better market positioning. 3. Company's recent financial performance exceeds Wall Street's expectations. 4. Executives project 14% revenue growth driven by Azure and office software. 5. Market sentiment impacted by broader job losses in the private sector.