- Microsoft plans layoffs under 2.5% of its ~220k–228k staff (up to ~5,700 roles) across sales, consulting and Xbox; cuts tied to ongoing cost reductions, announcements expected soon.
- Microsoft projected part of $730B combined 2026 capex tied to AI infrastructure, highlighting continued heavy AI-related spending relevant to MSFT traders.
- Bitrue launched 3x leveraged long and short MSFT tokens, USDT‑settled and issued on BNB Chain, available to eligible Bitrue users among new tokenized US stock offerings.
- MSFT Ireland (year to June 30, 2025): 6,654 employees, $47B pretax profit (38.1% of MSFT total), ~$7M pretax profit per employee, $5.6B cash taxes (19.5% of MSFT cash tax).
- Microsoft ended Xbox funding for IO Interactive’s Project Fantasy. IOI will self-fund or seek outside funding. Xbox says it’s refocusing investments but not cutting total gaming spend year over year.
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Key facts: Microsoft cuts ~5.7K; $730B AI spend; Bitrue lists 3x MSFT
Microsoft plans layoffs under 2.5% of its ~220k–228k staff (up to ~5,700 roles) across sales, consulting and Xbox; cuts tied to ongoing cost reductions, announcements expected soon