Layoffs are expected to continue in 2025 with major companies like Microsoft, BlackRock and Ally Financial planning to reduce ...

Layoffs are likely to persist in 2025, with major global companies like Microsoft, BlackRock, and Ally Financial planning to ...

The companies want to slim their staff to cut costs against the backdrop of technological change, especially over the next ...

Howie Buffett will become nonexecutive chairman of Berkshire Hathaway, charged with keeping the culture—and making sure the CEO does too ...

Microsoft is cutting less than 1% of its workforce across departments based on employee performance, according to a ...

Microsoft managers reportedly review an employee's AI contributions when requesting retention bonuses for those it can't ...

The AI-talent wars are raging. An updated Microsoft document gives some managers a new way to keep AI experts at the company.

Stocks and bonds are tumbling after the December jobs report came in much stronger than expected.Nonfarm payroll additions ...

Microsoft ( MSFT, Financial) is set for another round of layoffs, and sources say these will include underperformers in ...

The US labor market ended 2024 on a high note, adding 256,000 jobs in December, above the forecast of 164,000. Unemployment unexpectedly dropped from 4.2% in November to 4.1% in December. The ...

Microsoft has around 228,000 full-time employees as of June 2024. The reported cuts come after the tech giant laid off 10,000 ...

While the US economy recovers from the shock of the coronavirus pandemic, experts have warned that not everyone will have job ...