U.S. Stocks Surge | Microsoft (MSFT.US) Rises Over 3% amid Reports of Company Preparing for Another Round of Layoffs.

According to the Securities Times app, Microsoft (MSFT.US) rose at the opening on Wednesday, with a gain of over 3% as of the time of writing. On the news front, media reports quoting informed sources revealed that Microsoft is preparing to implement a new round of layoffs. This tech giant is seeking to cut less than 2.5% of its global workforce, which could potentially affect thousands of employees. This restructuring layoff will cover various business departments of Microsoft, especially impacting the Xbox gaming division, as well as sales and consulting positions. The market interprets this move as a signal of Microsoft actively reducing non-core costs while significantly increasing AI investments. Microsoft's stock price has fallen by 22% this year, facing significant valuation pressure. This layoff is also a reflection of the company's continuous efforts to improve operational efficiency and operate at a faster pace with greater agility.