Home ยป Unlocking Employees: Microsoft’s Market Closure Worth a Whopping $3 Billion Outshines Apple

Unlocking Employees: Microsoft’s Market Closure Worth a Whopping $3 Billion Outshines Apple

After hitting a market cap of $3 billion just a day ago, Microsoft closed with a market cap of $2.99 billion. However, last night, Microsoft’s market cap surged past $3 billion, closing at $3.009 billion, surpassing Apple’s market cap as well, which closed at $3.002 billion. Microsoft’s triumph in terms of market cap came with the announcement of layoffs in the gaming division, where 1,900 employees were let go in a single day. It’s truly difficult to describe the emotions of those who were laid off on the same day the company’s market cap reached its peak.

TLDR: Microsoft’s market cap reached $3.009 billion, surpassing Apple’s market cap, as the company announced layoffs of 1,900 employees in the gaming division.

More Reading

Post navigation

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Electrifying News: Rivian, an Electric Vehicle Company in America, Announces 10% Workforce Reduction

Embracer Group’s CEO Relents: Mandatory Workforce Reductions, Studio Shutdowns, and Further Video Game Studio Divestitures

Twilio Announces Further Workforce Reduction, Culling Approximately 500 Positions