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

Biotech stock GeneDx broke out after the FDA issued its first AI rules for medical devices. Globus Medical and GeneDx are in ...

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 ...

Microsoft plans to lay off underperforming employees in 2025, impacting less than 1% of its workforce, while continuing to ...

The jobs report and Nvidia chipmaker Taiwan Semiconductor loom after markets were shut Thursday. New AI chip curbs could hit ...

Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on ...