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Microsoft Shuts Pakistan Operations After 25 Years, Cites Global Restructuring
Tech giant Microsoft has announced to shut down its limited operations in Pakistan as part of its global strategy to reduce workforce, which various stakeholders termed on Friday as a "troubling sign" for the country's economy.
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Microsoft to Cut About 4 Percent of Jobs Amid Hefty AI Bets
Microsoft is cutting nearly 4 percent of its workforce, marking the latest layoffs as the tech giant aims to control costs while making significant investments in AI infrastructure. This follows approximately 6,000 job cuts in May. The rising expenses of scaling AI are impacting Microsoft's margins, with June quarter cloud margins expected to decli...
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Microsoft To Lay Off Over 9,000 Employees, 2nd Big Job Purge In Months: Report
Microsoft is laying off as many as 4%, or roughly 9,100, of its employees in the largest round of job cuts since 2023, the Seattle Times reported on Wednesday.
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'Not Something To Celebrate': UN Faces Diminished Global Clout As It Turns 80
The United Nations, a collaborative global dream built into reality out of the ashes of World War II, marks its 80th anniversary this month. There's little to celebrate.
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Microsoft Reportedly Planning 'Substantial' Layoffs at Xbox Division Next Week
Microsoft will reportedly cut jobs at its gaming division next week. This would be the fourth round of layoffs at Xbox since the beginning of 2024. Last year, the Xbox parentshut down three Xbox studios.
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Microsoft Planning Thousands More Job Cuts Aimed at Salespeople
Microsoft is planning to axe thousands of jobs particularly in sales. The cuts are expected to be announced early next month, following the end of Microsoft’s fiscal year, according to people familiar with the matter.
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Microsoft Planning Thousands Of Job Cuts: Report
Microsoft is planning to cut thousands of jobs, particularly in sales, as the tech giant streamlines its workforce amid increased investments in artificial intelligence, Bloomberg News reported on Wednesday, citing people familiar with the matter.
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UN Slashes Global Aid Plan Over 'Deepest Funding Cuts Ever'
The United Nations said that it was drastically scaling back its global humanitarian aid plans due to the "deepest funding cuts ever" -- leaving tens of millions of people facing dire straits.
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Citigroup To Cut 3,500 Tech Jobs In China Amid Global Restructuring
Citigroup is set to cut 3,500 tech jobs in China as part of a global effort to streamline operations and reduce costs, focusing on enhancing risk management and data governance.
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Amazon Cuts Jobs In Books Division, Including Goodreads And Kindle Units
Amazon has cut jobs in its books division, including at its Goodreads review site and Kindle units, the company said on Thursday.
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Microsoft Cuts Hundreds More Jobs After Firing 6,000 Last Month
Microsoft cut hundreds more jobs just weeks after its largest layoff in years. The AI boom has roiled the tech labor market because companies are prioritising AI-focused jobs and harnessing the technology to save money.
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UN May Cut Nearly 7,000 Jobs Amid Financial Crisis: Report
The United Nations Secretariat is preparing to cut its $3.7 billion budget by 20% and slash about 6,900 jobs, according to an internal memo seen by Reuters.
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TikTok Shop US Employees Told to Work From Home Amid Layoff Fears. Read Full Memo
The move is part of a restructuring of its operations as the company is facing immense regulatory pressures and business challenges in the US.
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Amazon Trims Jobs in Devices and Services Unit
Amazon on Wednesday cut about 100 jobs in its devices and services unit. Amazon trimmed some Alexa-related jobs in 2023 and has been conducting small cuts to various groups in recent months,
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Even The AI Director Was Not Spared In Microsoft's Recent Layoffs, Tech Industry Concerned
According to Ms Queiroz, staff were asked to stop work immediately after being informed of the decision.
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Microsoft Shuts Pakistan Operations After 25 Years, Cites Global Restructuring
Tech giant Microsoft has announced to shut down its limited operations in Pakistan as part of its global strategy to reduce workforce, which various stakeholders termed on Friday as a "troubling sign" for the country's economy.
-
Microsoft to Cut About 4 Percent of Jobs Amid Hefty AI Bets
Microsoft is cutting nearly 4 percent of its workforce, marking the latest layoffs as the tech giant aims to control costs while making significant investments in AI infrastructure. This follows approximately 6,000 job cuts in May. The rising expenses of scaling AI are impacting Microsoft's margins, with June quarter cloud margins expected to decli...
-
Microsoft To Lay Off Over 9,000 Employees, 2nd Big Job Purge In Months: Report
Microsoft is laying off as many as 4%, or roughly 9,100, of its employees in the largest round of job cuts since 2023, the Seattle Times reported on Wednesday.
-
'Not Something To Celebrate': UN Faces Diminished Global Clout As It Turns 80
The United Nations, a collaborative global dream built into reality out of the ashes of World War II, marks its 80th anniversary this month. There's little to celebrate.
-
Microsoft Reportedly Planning 'Substantial' Layoffs at Xbox Division Next Week
Microsoft will reportedly cut jobs at its gaming division next week. This would be the fourth round of layoffs at Xbox since the beginning of 2024. Last year, the Xbox parentshut down three Xbox studios.
-
Microsoft Planning Thousands More Job Cuts Aimed at Salespeople
Microsoft is planning to axe thousands of jobs particularly in sales. The cuts are expected to be announced early next month, following the end of Microsoft’s fiscal year, according to people familiar with the matter.
-
Microsoft Planning Thousands Of Job Cuts: Report
Microsoft is planning to cut thousands of jobs, particularly in sales, as the tech giant streamlines its workforce amid increased investments in artificial intelligence, Bloomberg News reported on Wednesday, citing people familiar with the matter.
-
UN Slashes Global Aid Plan Over 'Deepest Funding Cuts Ever'
The United Nations said that it was drastically scaling back its global humanitarian aid plans due to the "deepest funding cuts ever" -- leaving tens of millions of people facing dire straits.
-
Citigroup To Cut 3,500 Tech Jobs In China Amid Global Restructuring
Citigroup is set to cut 3,500 tech jobs in China as part of a global effort to streamline operations and reduce costs, focusing on enhancing risk management and data governance.
-
Amazon Cuts Jobs In Books Division, Including Goodreads And Kindle Units
Amazon has cut jobs in its books division, including at its Goodreads review site and Kindle units, the company said on Thursday.
-
Microsoft Cuts Hundreds More Jobs After Firing 6,000 Last Month
Microsoft cut hundreds more jobs just weeks after its largest layoff in years. The AI boom has roiled the tech labor market because companies are prioritising AI-focused jobs and harnessing the technology to save money.
-
UN May Cut Nearly 7,000 Jobs Amid Financial Crisis: Report
The United Nations Secretariat is preparing to cut its $3.7 billion budget by 20% and slash about 6,900 jobs, according to an internal memo seen by Reuters.
-
TikTok Shop US Employees Told to Work From Home Amid Layoff Fears. Read Full Memo
The move is part of a restructuring of its operations as the company is facing immense regulatory pressures and business challenges in the US.
-
Amazon Trims Jobs in Devices and Services Unit
Amazon on Wednesday cut about 100 jobs in its devices and services unit. Amazon trimmed some Alexa-related jobs in 2023 and has been conducting small cuts to various groups in recent months,
-
Even The AI Director Was Not Spared In Microsoft's Recent Layoffs, Tech Industry Concerned
According to Ms Queiroz, staff were asked to stop work immediately after being informed of the decision.
