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Companies have continued to cut jobs in 2025 after a wave of layoffs last year. Meta, Microsoft, BlackRock, and Ally are among those shedding staff. ... the cost-cutting measures are coming amid a ...
Microsoft is laying off some 1,900 employees in its gaming division, according to an internal company memo. The job cuts — which represent about an 8% reduction of Microsoft’s 22,000-person ...
Microsoft is gearing up for another round of layoffs. The $3.1 trillion technology giant will be carefully examining and considering underperforming employees in its upcoming job cuts, two people ...
Microsoft is making even more cuts to the staff roster of its Xbox gaming division.. The company on Thursday announced plans to lay off 650 employees, which will bring the total number of job ...
Microsoft Gaming CEO Phil Spencer addresses the stagnation in the gaming industry, recognizing its repercussions on job cuts and the challenging decisions faced by companies. He underscores the importance of industry expansion for long-term sustainability, advocating for a shift towards enlarging the player base rather than solely concentrating ...
Microsoft announced on Wednesday that it is cutting 10,000 jobs as the tech giant contends with slowing PC and cloud sales.But according to at least one analyst, the layoffs are a proactive move ...
In October 2014, Microsoft revealed that it was almost done with eliminating 18,000 employees, which was its largest-ever layoff sweep. [235] In July 2015, Microsoft announced another 7,800 job cuts in the next several months. [236] In May 2016, Microsoft announced another 1,850 job cuts mostly in its Nokia mobile phone division.
Microsoft acquired the Norwegian enterprise search company Fast Search & Transfer on April 25, 2008, for $1.191 billion (~$1.66 billion in 2023) to boost its search technology. [14] On May 10, 2011, Microsoft announced its acquisition of Skype Technologies, creator of the VoIP service Skype, for $8.5 billion (~$11.4 billion in 2023). [15]