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Satya Nadella

The logo of Microsoft is displayed over a booth at the Web Summit digital trade show in Vancouver, British Columbia, Canada, May 12, 2026. REUTERS/Chris Helgren/File Photo
Jun 15, 2026

Microsoft sued by shareholders over expenses, cloud business, AI

Microsoft faces a shareholder lawsuit over alleged fraud related to slowing Azure growth and increased AI infrastructure spending, impacting its stock price.

FILE - A Microsoft sign and logo are pictured at the company's headquarters, Friday, April 4, 2025, in Redmond, Wash. (AP Photo/Jason Redmond, File)
May 13, 2025

Microsoft to lay off about 3% of its workforce

Microsoft cuts nearly 6,000 jobs—about 3% of its workforce—in its largest layoff since 2023, impacting LinkedIn, Xbox, and management roles.

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