Microsoft Announces Job Cuts Amid $1.2 Trillion Market Value Drop

Microsoft announced a reduction of 4,800 jobs and filed for 2,879 H-1B visas around the same time its stock lost approximately $1.2 trillion in value since October's peak. The drop is attributed to investor concerns over Microsoft’s capital spending on AI data centers rather than just job cuts or visa applications.

By Godwin Oluponmile Sun, July 19, 2026 at 4:00 PM GMT+3 6 min read · Yahoo Finance · July 19, 2026, 13:00 UTC

Microsoft Announces Job Cuts Amid $1.2 Trillion Market Value Drop

Tickers: $MSFT

Topics: AI investment H-1B visas job cuts Microsoft stock price drop

Read the full article at Yahoo Finance

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