Microsoft's Trading Volume Hits 72.74 Billion, Ranks Ninth in Market as Job Cuts Continue

On June 3, 2025, Microsoft's trading volume reached 72.74 billion, ranking ninth in the day's stock market. Microsoft (MSFT) rose by 0.22%, marking its fourth consecutive day of gains, with a total increase of 1.23% over the past four days.

Microsoft has continued its cost-cutting measures by eliminating hundreds of additional jobs just weeks after its largest layoff in years. This move underscores the tech industry's efforts to trim costs amid a challenging macroeconomic environment. The company's most recent cuts add to the 6,000 positions it eliminated in mid-May, attributing the action to the organizational changes necessary to best position the company for success in a dynamic marketplace.

Microsoft's latest job cuts, which include more than 300 positions, follow a previous reduction of 6,000 workers. The company has been implementing organizational changes to better position itself in the market. A spokesperson for Microsoft confirmed the recent job cuts, explaining that these actions are part of the company's ongoing efforts to streamline operations and focus on strategic priorities.