Microsoft has laid off over 6,000 employees, about 3% of its global workforce, despite reporting strong earnings. These cuts ...

Global corporations, including Microsoft, Amazon, Panasonic, PwC, CrowdStrike, and Burberry, are implementing significant job ...

Layoff fears may be particularly prevalent in the tech space. Tech firms ramped up hiring during the pandemic when demand for ...

While unconfirmed, this is gearing up to be the company’s biggest round of layoffs since 2023, when Microsoft let 10,000 ...

Microsoft is cutting over 6,000 jobs — 3% of its global workforce — in its biggest round of layoffs since 2023. While still ...

A wave of AI-driven layoffs is sweeping through the tech industry, with several high-profile companies announcing job cuts in ...

While the reasons for slimming staff vary, the cost-cutting measures ... Ally is cutting less than 5% of workers. Ally is laying off about 500 employees.Ally Bank/Facebook The digital-financial ...

Block to lay off ... 7,700 staff and contractor positions worldwide. BP told Business Insider in January that it planned to cut 4,700 staff and 3,000 contractors, amounting to about 5% of its ...

But the 3% cuts will be Microsoft’s biggest since early 2023, when the company cut 10,000 workers, almost 5% of its workforce ... time I’ve had to lay people off to support business goals ...

Last week, cybersecurity company CrowdStrike also announced it would lay off 5% of its workforce, citing the impact of AI on the industry. In January, Microsoft CEO Satya Nadella spoke about plans ...