Microsoft is cutting 4800 jobs - about two percent of its global workforce - in a sweeping restructure.

Most cuts are part of a restructure of its struggling Xbox gaming division.

It's the latest in a string of mass layoffs by the tech giant alongside major investment in AI.

Sam Dickie from Fisher Funds explained the implications of this move.

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Microsoft is cutting 4800 jobs - about two percent of its global workforce - in a sweeping restructure.
Most cuts are part of a restructure of its struggling Xbox gaming division.
It's the latest in a string of mass layoffs by the tech giant alongside major investment in AI.
Sam Dickie from Fisher Funds explained the implications of this move.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Sam Dickie: Fisher Funds expert on Microsoft cutting over 4,000 jobs as a result of AI

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/5ce74b2e-472e-4ede-a3ee-b482007ea8d0/transcript

Donald Trump says it's a waste of time talking with Iran, declaring the memorandum of understanding between the US and Iran 'over'.

The US President has made the comments at the NATO summit in Turkey, as both sides swap strikes.

Trump says his White House negotiators can continue, but he thinks the Iranians are 'liars', calling them cuckoo.

UK correspondent Enda Brady unpacked the reactions further. 

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Donald Trump says it's a waste of time talking with Iran, declaring the memorandum of understanding between the US and Iran 'over'.
The US President has made the comments at the NATO summit in Turkey, as both sides swap strikes.
Trump says his White House negotiators can continue, but he thinks the Iranians are 'liars', calling them cuckoo.
UK correspondent Enda Brady unpacked the reactions further.&nbsp;
LISTEN ABOVE

Enda Brady: UK correspondent on Donald Trump's recent comments at the NATO Summit in Turkey

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/011f7c89-7140-44ed-aa7c-b482008139ac/transcript

Kaikōura's main route south could be closed several more days, as flooding, debris and rockfall is cleared.

State Highway 1's back open north of the township, but it's still closed to Waipara, and the Inland Kaikōura Road also can't be used.

The Country's Jamie Mackay explained further. 

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Kaikōura's main route south could be closed several more days, as flooding, debris and rockfall is cleared.
State Highway 1's back open north of the township, but it's still closed to Waipara, and the Inland Kaikōura Road also can't be used.
The Country's Jamie Mackay explained further.&nbsp;
LISTEN ABOVE

Hamish McKay: The Country spokesperson on the damage left behind by the Kaikōura floods

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b2a530a8-5aca-4b64-a7b4-b482007cd380/transcript

On the Heather du Plessis-Allan Drive Full Show Podcast for Thursday, 9 July, 2026, Transport Minister Chris Bishop explains how he got it so wrong with the Roads of National Significance promise.

Waitakere Indian Association president Sunil Kaushal on how many billions of dollars Indians are contributing to our economy.

Warriors chief executive Cameron George on the close connection with Australia's most popular theme park that'll see it renamed Wahs-world.

And on The Huddle, Oscar Kightley and Thomas Scrimgeour discuss if Prince Harry made a mistake in picking a fight with Britain's tabloids.

Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.

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On the Heather du Plessis-Allan Drive Full Show Podcast for Thursday, 9 July, 2026, <a href="https://www.newstalkzb.co.nz/on-air/heather-du-plessis-allan-drive/audio/chris-bishop-transport-minister-confirms-some-roads-of-national-significance-and-other-transport-projects-will-be-put-on-the-back-burner/">Transport Minister Chris Bishop explains how he got it so wrong with the Roads of National Significance promise.</a>
Waitakere Indian Association president<a href="https://www.newstalkzb.co.nz/on-air/heather-du-plessis-allan-drive/audio/sunil-kaushal-waitakere-indian-association-president-on-the-new-report-examining-the-economic-contributions-of-kiwi-indians/"> Sunil Kaushal on how many billions of dollars Indians are contributing to our economy.</a>
Warriors chief executive Cameron George <a href="https://www.newstalkzb.co.nz/on-air/heather-du-plessis-allan-drive/audio/cameron-george-warriors-ceo-on-the-new-wahsworld-makeover-coming-to-the-gold-coast/">on the close connection with Australia's most popular theme park that'll see it renamed Wahs-world.</a>
And on The Huddle,<a href="https://www.newstalkzb.co.nz/on-air/heather-du-plessis-allan-drive/audio/the-huddle-did-we-think-the-us-iran-ceasefire-was-going-to-last/"> Oscar Kightley and Thomas Scrimgeour discuss if Prince Harry made a mistake in picking a fight with Britain's tabloids.</a>
Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.
LISTEN ABOVE

Full Show Podcast: 09 July 2026 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b3dd389f-2d18-45a6-a2f8-b4820076b013/transcript

Sam Dickie: Fisher Funds expert on Microsoft cutting over 4,000 jobs as a result of AI

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