Microsoft Stock Nears Record High As AI-Driven Layoffs Hit Hundreds — Even AI Director

Benzinga
2025.05.19 15:52
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Microsoft Corporation is implementing significant layoffs in 2025, affecting various units due to advancements in artificial intelligence, which now handles up to 30% of coding tasks. Notably, AI Director Gabriela de Queiroz was among those let go. The company is cutting 6,000 positions, with software engineering roles being the most impacted. Despite these layoffs, Microsoft stock is nearing record highs, reflecting potential growth from AI and cloud services. The stock is currently up 0.6% to $456.87, with a year-to-date increase of 9.1%.