The insolvency proceedings reflect a growing wave of AI startup turbulence. Phil Brunkard, executive counselor at Info-Tech ...

This wave of layoffs, unlike previous downturns driven by financial collapses or market crashes, is driven by three primary ...

Technology sector faces significant job cuts in 2025. Over 61,000 tech jobs are lost across 130 companies. Microsoft, Google, ...

The technology company, headquartered in Washington, is cutting 122 workers in Silicon Valley. The layoffs heavily affected ...

Microsoft’s restructuring initiative also includes efforts to centralise certain business functions and reduce redundancies across overlapping divisions.

Microsoft is cutting over 6,000 jobs, about three percent of its workforce, in its largest round of layoffs since 2023, when it eliminated 10,000 positions. The job cuts will impact employees ...

Microsoft is cutting approximately 3% of its global workforce, over 6,800 roles, as part of a broad restructuring initiative. With a headcount of 228,000 as of June, this marks the company’s most ...

In a statement, Microsoft explained that the cuts were part of a broader organisational restructuring. “We continue to implement organisational changes necessary to best position the company for ...

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 ...

Microsoft said the layoffs will be across all levels, teams and geographies but the cuts will focus on reducing the number of ...

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 ...