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New York Post
62 days

Microsoft planning to ax thousands of sales jobs jobs as focus shifts to AI: report

1. Microsoft plans to cut thousands of sales jobs soon. 2. Job cuts aim to streamline operations for AI investment. 3. Announcements expected following the end of fiscal year. 4. Layout decisions reflect broader market trends in tech. 5. Company's response to optimize workforce management.

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FAQ

Why Bearish?

Layoffs often signal cost-cutting measures, impacting investor sentiment negatively. Historical examples indicate stock fluctuations following major layoffs.

How important is it?

Layoff news directly impacts workforce efficiency perceptions, thus affecting stock valuations and market sentiment.

Why Short Term?

Immediate layoffs can influence stock price reactions quickly, while AI investments may yield benefits in the longer term.

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