Microsoft's Market Value Drop Runs Deeper Than Its Job Cuts Microsoft's recent job cuts and H 1B visa filings have sparked controversy, but beneath the surface lies a more complex story of corporate restructuring and shifting investor sentiment.
The tech giant's decision to cut 4,800 jobs – about 2% of its workforce – has raised eyebrows among those invested in Microsoft through their retirement savings.
The layoffs spanned various divisions, including Xbox, which is struggling with low margins.