Wall Street Is Loving the Layoffs at Microsoft. Buy the Dip.

Microsoft-owned LinkedIn (MSFT) is the premier place people go to when they want to find a job. Strangely, LinkedIn recently fired a chunk of its own employee base, presumably due to AI. It announced that 900 employees are being let go from its global workforce of 17,500.

That may not look like a lot, but it does signal that they have started cutting back on their workforce. Usually, this would mean that budgets are tight, but that's no longer the case in 2026.