News

Two years after its last major round of layoffs, Microsoft Corp. today disclosed plans to let go about 6,000 employees. About a third of the affected employees work at Microsoft’s headquarters ...
Technology sector faces significant job cuts in 2025. Over 61,000 tech jobs are lost across 130 companies. Microsoft, Google, ...
Internal metrics suggest that software engineers were the most impacted by the job cuts, with the state of Washington—home to ...
Some of the reasons for layoffs are cost-cutting, reduction in IT budgets, uncertainties over the global economy, recession ...
Major technology giants such as Microsoft, Amazon, and Google are once again cutting thousands of jobs in response to ongoing ...
This wave of layoffs, unlike previous downturns driven by financial collapses or market crashes, is driven by three primary ...
OpenAI has scrapped a restructuring initiative that would have separated ... of this plan in continued conversation with them, Microsoft, and our newly appointed nonprofit commissioners.” ...
OpenAI and Microsoft are reportedly renegotiating the ... and SoftBank to build massive AI data centers in the U.S.—an initiative reportedly worth up to $500 billion. This signals a longer ...
OpenAI plans to significantly reduce the share of revenue it provides to Microsoft as part of a broader strategic pivot, including a scale-back of its internal restructuring plans. According to a ...
This reversal marks a departure from a more extensive restructuring ... billion AI data center initiative in partnership with Oracle and Japan’s SoftBank Group. Microsoft has said it maintains ...
Microsoft's shares have surged by nearly 16% following the announcement of a 3% workforce reduction, impacting over 6,000 ...