Microsoft Fell 1% (From 4.68% to 3.79%) in the UK Since the LLM Hype, Now There Are Mass Layoffs Again (During National Holiday!)
As of this month:
Google went up, Microsoft is down again... and again. Bing has had layoffs since then and this week:
Microsoft still refuses to comment on the scale (based on media reports). Maybe they hope that by the time people come back from holiday (next week) they'll forget to ask again. Having said that, they brew resentment by getting rid of people's colleagues during holidays. If they treat your colleague/friend this badly, are you next?
"I am not sure the stock market mirrors reality anymore," this new comment says, "we [Microsoft] may be way off the tracks".