Microsoft Cut 4,800 Jobs in July and Said AI Is Changing How Work Gets Done. That Is Not the Story. The Capital Reallocation Is.
Microsoft eliminated approximately 4,800 workers — 2.1% of its workforce — in July 2026, primarily in sales, consulting, and Xbox gaming, according to reporting by TechCrunch, NBC News, and ABC News. The company explicitly cited AI efficiency as a driver of the decision. A Microsoft spokesperson confirmed that none of the eliminated roles would be…
