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.
The World Health Organization (WHO) has asked Taliban authorities to lift restrictions on Afghan female aid workers, allowing them to travel without m...
Venezuela will send 25,000 troops to coastal states to fight drug trafficking, President Nicolás Maduro’s government said, following a U.S. deploym...
Former Foreign Minister Toshimitsu Motegi became the first ruling party lawmaker to throw his hat into the ring to succeed outgoing Japanese Prime Min...
Norwegians head to the polls Monday on the final day of a close parliamentary election, with Prime Minister Jonas Gahr Stoere’s Labour Party narrowl...
France's fourth prime minister in three years, François Bayrou, faces almost certain defeat in a confidence vote on Monday, tipping the euro zone's s...
The World Health Organization (WHO) has asked Taliban authorities to lift restrictions on Afghan female aid workers, allowing them to travel without male guardians and help women struggling to access care after a powerful earthquake killed 2,200 people in eastern Afghanistan.
Venezuela will send 25,000 troops to coastal states to fight drug trafficking, President Nicolás Maduro’s government said, following a U.S. deployment of 10 fighter jets to Puerto Rico for operations against drug cartels.
Former Foreign Minister Toshimitsu Motegi became the first ruling party lawmaker to throw his hat into the ring to succeed outgoing Japanese Prime Minister Shigeru Ishiba on Monday, as financial markets whipsawed on the political uncertainty.
Norwegians head to the polls Monday on the final day of a close parliamentary election, with Prime Minister Jonas Gahr Stoere’s Labour Party narrowly favoured to win. Rising living costs, inflation, and global crises are shaping voter choices.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Russian energy giant Gazprom has signed agreements with Kazakhstan and Mongolia to boost gas cooperation, including increased deliveries to Kazakhstan in 2025–2026 and a study on gasification in Mongolia’s capital, Ulaanbaatar.
A recent Federal Reserve Bank of New York (New York Fed) study reveals that while the use of artificial intelligence (AI) among businesses has grown significantly over the past year, very few companies have carried out AI-related layoffs.
Rising concerns over the U.S. economy and ongoing tariff disputes have put global government bonds under selling pressure, experts say. Donald Trump’s push for interest-rate cuts, combined with a major spending bill, has shaken investor confidence, sending bond prices down while yields rise.
Access to Google services was restored Thursday after a region-wide outage cut off millions of users across dozens of countries, with disruptions reported in platforms including YouTube, Gmail and Maps.
The pound and the yen came under strain on Wednesday, weighed down by renewed investor concerns over global fiscal health and political uncertainty in Japan.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment