Microsoft has announced 6,000 job cuts, representing nearly 3% of its workforce, as part of a strategy to streamline operations and prioritize investments in artificial intelligence.
Microsoft began laying off 6,000 employees, marking its largest job reduction in over two years. These cuts, which affect roles across all levels and departments, are aimed at reducing management layers and aligning the workforce with evolving company priorities.
The decision follows Microsoft’s robust financial performance earlier this year and reflects broader industry trends as tech giants adjust strategies post-pandemic. Chief Financial Officer Amy Hood emphasized the importance of agility and high-performing teams, while the company continues significant investments in AI infrastructure and technology.
Employees in the U.S., including nearly 2,000 at the Redmond headquarters, were heavily impacted. The layoffs also extend to areas like Xbox and LinkedIn, with some executives sharing emotional messages about the decision's impact on staff.
Despite the layoffs, Microsoft remains focused on its long-term vision, particularly around the potential of artificial intelligence to transform work processes and products.
Albania’s Parliament has approved a bilateral agreement to enhance security cooperation and provide long-term support to Ukraine, marking a new phase in Tirana’s alignment with Kyiv amid ongoing regional instability.
In a sweeping new proclamation issued late Wednesday night, President Donald Trump has announced an immediate ban on the enrollment of new Chinese and other foreign students at Harvard University.
In a rare direct call, U.S. President Donald Trump and Chinese leader Xi Jinping addressed escalating trade tensions and a critical minerals dispute that threatens global supply chains. The hour-long conversation, which touched on tariffs, rare earth exports.
In a grey government building near Tiananmen Square, a small team within China’s Ministry of Commerce is quietly shaping the future of the global auto, aerospace, and tech industries—one export permit at a time. With rare earth magnets now under strict export control.
China approved 11.29 gigawatts (GW) of new coal-fired power capacity in the first quarter of 2025, surpassing the 10.34 GW approved in the entire first half of 2024, according to a new report released by Greenpeace on Thursday.
Albania’s Parliament has approved a bilateral agreement to enhance security cooperation and provide long-term support to Ukraine, marking a new phase in Tirana’s alignment with Kyiv amid ongoing regional instability.
In a sweeping new proclamation issued late Wednesday night, President Donald Trump has announced an immediate ban on the enrollment of new Chinese and other foreign students at Harvard University.
In a rare direct call, U.S. President Donald Trump and Chinese leader Xi Jinping addressed escalating trade tensions and a critical minerals dispute that threatens global supply chains. The hour-long conversation, which touched on tariffs, rare earth exports.
In a grey government building near Tiananmen Square, a small team within China’s Ministry of Commerce is quietly shaping the future of the global auto, aerospace, and tech industries—one export permit at a time. With rare earth magnets now under strict export control.
Armenia's unchecked mining pollution poses a severe environmental crisis, imperilling water resources and health across the South Caucasus, including Azerbaijan. Heavy metal contamination in shared rivers threatens ecosystems and human well-being, demanding urgent international action.
As peace talks progress, voices from Yerevan, Tbilisi, and Baku reveal hopes, concerns, and expectations for a future shaped by trade, trust, and generational change in the South Caucasus.
A bridge collapse in the Vygonichsky district of Russia’s Bryansk region, near the Ukrainian border, caused a train derailment and a traffic accident early Sunday, killing at least seven people and leaving 30 injured, according to emergency services.
Ukraine’s Security Service (SBU) has confirmed it carried out a third targeted attack against the Crimean Bridge, also known as the Kerch Bridge, early Tuesday morning, marking a new escalation in the ongoing conflict with Russia.
A strong 6.3 magnitude earthquake shook Japan’s Hokkaido prefecture early Monday, causing no reported injuries or damage, and no tsunami warning was issued, officials confirmed.
Federal authorities have arrested 14 suspects in Los Angeles linked to an Armenian organized crime ring accused of stealing $30 million in COVID relief and Small Business loans intended to support American taxpayers.
The European Commission has unveiled a draft budget for 2026, building on the mid-term revision of the 2021–2027 long-term financial framework. The revised plan responds to recent global challenges—including energy crisis, and rising geopolitical tensions—and aligns spending with the EU priorities.
European shares inched higher Thursday, lifted by autos and miners, as investors awaited the European Central Bank's rate decision.
Nvidia’s new Blackwell chips are twice as fast as their predecessors in training massive AI models, cutting chip use and time dramatically, new benchmarks reveal.
The Government of Ghana has signed a $2 billion memorandum of understanding with key energy partners to extend oil production licenses for the Jubilee and TEN fields through 2040, aiming to boost output, increase gas supply, and drive infrastructure development.
The S&P 500 barely budged Wednesday as weak job and service sector data revealed the economic fallout from President Trump’s trade war tactics.
Albania’s Parliament has approved a bilateral agreement to enhance security cooperation and provide long-term support to Ukraine, marking a new phase in Tirana’s alignment with Kyiv amid ongoing regional instability.
In a sweeping new proclamation issued late Wednesday night, President Donald Trump has announced an immediate ban on the enrollment of new Chinese and other foreign students at Harvard University.
In a rare direct call, U.S. President Donald Trump and Chinese leader Xi Jinping addressed escalating trade tensions and a critical minerals dispute that threatens global supply chains. The hour-long conversation, which touched on tariffs, rare earth exports.
In a grey government building near Tiananmen Square, a small team within China’s Ministry of Commerce is quietly shaping the future of the global auto, aerospace, and tech industries—one export permit at a time. With rare earth magnets now under strict export control.
Armenia's unchecked mining pollution poses a severe environmental crisis, imperilling water resources and health across the South Caucasus, including Azerbaijan. Heavy metal contamination in shared rivers threatens ecosystems and human well-being, demanding urgent international action.
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