The Latest Breaking News from Satya Nadella

Microsoft on Tuesday said sales slowed and profits slumped in the last quarter of 2022 as a darkening economic outlook pushed it to lay off 10,000 workers. The Washington state-based tech giant -- owner of LinkedIn, Xbox and Windows -- said overall sales rose just two percent in the October-to-December…

A slump in PC demand coupled with a stagnating devices business and post-COVID gaming slowdown cut into Microsoft's revenue and profit, but its cloud computing unit drove growth, according to the company's second-quarter results released Tuesday.

Microsoft stands to gain a lot for its investment—while OpenAI is taking a bigger gamble

Microsoft made cuts to its AR and VR teams while even more heavily investing in artificial intelligence, signaling a major pivot for the company.

Company says deal with OpenAI will involve deploying artificial intelligence technology across its products

Microsoft is letting go of 10,000 workers while CEO Satya Nadella tells Davos, "A golden age of A.I. is underway."

The tech giant’s party in the exclusive Swiss ski resort was labeled “seriously bad executive symbolism.”

SEATTLE — Striking the right corporate tone for a major layoff can’t be easy.

Amazon, Salesforce and Goldman Sachs have also announced cuts during a brutal January for corporate workers.

Microsoft Corp. and Amazon.com Inc., two of the world’s biggest companies, began cutting a total of 28,000 jobs on Wednesday in a post-pandemic reckoning that has left almost no tech name unscathed.

Microsoft Corp. said it plans to cut 10,000 jobs, or about 5% of its workforce this year, taking steps to cope with an increasingly bleak outlook that has now bruised many of the technology industry’s biggest companies.