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

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

The Dow Jones Industrial Average lost 696.75 points, or 1.63%, to close at 41,938.45. The S&P 500 slid 1.54% to 5,827.04, ...

Among the multiple reasons the firms cite, they want to slim their staff as part of the cost-cutting measures amid a backdrop ...

Every weekend, I recap “news you can use” from the week — a handful of quotes from major (and often expensive) news sources — ...

A wave of selling hit the stock market today after job growth in December came in much stronger than expected.

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

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 ...