'Completely wrong': Microsoft executive shutdown shuts down layoff rumours

Microsoft has vehemently denied widespread layoff rumors, with a top executive calling reports of up to 22,000 job cuts "completely false." Speculation, fueled by past workforce reductions and a significant AI investment, suggested cuts across Azure, Xbox, and sales. However, the company insists these claims are entirely fabricated, aiming to quell anxieties about its future workforce.