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The Latest Breaking News on Why your employer might be taking away some much-loved benefits very soon

After 'Ripping Off Band-Aid,' Microsoft Hopes Bleeding Has Stopped

Microsoft stock has been depressed ahead of the software giant’s fiscal second-quarter report, due out late Tuesday.

Investors Business Daily

Google announces mass layoffs amid tech slump. Read the CEO’s full memo on the cuts

Google announces mass layoffs amid tech slump. Read the CEO’s full memo on the cuts

More than 50,000 workers at big tech firms have lost their jobs in recent months

The Independent UK

Google announces ‘difficult news’ as it fires 12,000 staff

Google announces ‘difficult news’ as it fires 12,000 staff

Staff cuts follow similarly vast reductions at Microsoft, Amazon and Meta

The Independent UK

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Tech industry job cuts come rapidly and in big numbers

In just the past month there have been about 50,000 job cuts across the technology sector

The Independent UK

Tech layoffs in 2023 are already one-third of last year’s number and it's only January

Mass layoffs by Google, Microsoft and Amazon add up quickly.

Google Slashes 12,000 Jobs In Latest Round Of Big Tech Layoffs

Google and Alphabet CEO Sundar Pichai has announced that the American tech giant is cutting approximately 12,000 jobs, which is around 6 per cent of its global workforce. Read on for details:

Google owner to slash 12,000 jobs in latest record round of layoffs in tech

Google is laying off 12,000 workers, or about 6% of its workforce, becoming the latest tech company to trim staff as the economic boom that the industry rode during the COVID-19 pandemic ebbs.

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Google axes 12,000 jobs, layoffs spread across tech sector

Google axes 12,000 jobs, layoffs spread across tech sector

“We hired for a different economic reality than the one we face today,” CEO Sundar Pichai said Friday in an email to staff that was also posted on the company’s news blog.

Chicago Sun-Times

Alphabet To Cut 12,000 Jobs, About 6% Of Workforce, After A 2022 Hiring Spree

Alphabet To Cut 12,000 Jobs, About 6% Of Workforce, After A 2022 Hiring Spree

Google-parent Alphabet said Friday it will cut 12,000 jobs, or 6% of its workforce, adding to a growing wave of layoffs in the tech sector.

Investors Business Daily

'Mattering' is the buzzword being used at Davos as the secret to management in a hybrid-working world

'Mattering' is the buzzword being used at Davos as the secret to management in a hybrid-working world

A new buzzword has appeared out of the conversations at Davos: 'mattering'. Here's what managers need to know.

Alphabet Job Cuts Eyed Despite Hiring Spree That Continued In 2022

Alphabet Job Cuts Eyed Despite Hiring Spree That Continued In 2022

Wall Street expects more layoffs at Google in the wake of job cuts at other tech companies. But a hiring spree continued late into last year.

Investors Business Daily

Amazon and Microsoft's big layoffs aren't solving the talent shortage, EY CEO says

Amazon and Microsoft's big layoffs aren't solving the talent shortage, EY CEO says

The pool of tech talent isn't as deep as it seems, says EY CEO Carmine Di Sibio. So what's happening with the thousands of laid off tech workers?

The Loop: George Floyd's killer appeals murder conviction, Elon Musk auctions Twitter HQ's furniture, Danielle Collins's awkward tennis celebration — as it happened

The Loop: George Floyd's killer appeals murder conviction, Elon Musk auctions Twitter HQ's furniture, Danielle Collins's awkward tennis celebration — as it happened

The news Australia is searching for, and all the news that happened while you snoozed: This is The Loop, your quick catch-up for this morning's stories as they happen.

Microsoft layoffs don’t tell us much about the future of Xbox — yet

Microsoft layoffs don’t tell us much about the future of Xbox — yet

A recent round of layoffs at Microsoft has the possibility to affect Xbox. But right now, the long-term ramifications are not entirely clear.

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Microsoft slashes 10,000 jobs with Scots office in danger of being hit by cuts

The software giant has become the latest US tech firm to announce hefty staff cuts in the face of an economic downturn.

Investors Business Daily

Microsoft Slashes Workforce Amid Strategic Investments In AI, Cloud

Software giant Microsoft on Wednesday announced plans to lay off 10,000 employees, or roughly 5% of its workforce.

Investors Business Daily

CrowdStrike Initiated At Outperform Amid Microsoft Cybersecurity Battle

CrowdStrike can buck Microsoft's push into cybersecurity, says an analyst who initiated coverage of CRWD stock with an outperform rating.

Tribune News Service

Microsoft plans 10,000 job cuts, to take $1.2 billion charge

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.

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Chicago Sun-Times

Job cuts in tech sector spread, Microsoft lays off 10,000

Microsoft is cutting 10,000 workers, almost 5% of its workforce, as it joins other tech companies in a scaling back of their pandemic-era expansions.

The Independent UK

Microsoft cuts 10,000 jobs, about 5% of global workforce

Microsoft is cutting 10,000 workers, almost 5% of its workforce, in response to “macroeconomic conditions and changing customer priorities.”

Evening Standard

Microsoft to axe 10,000 jobs and close offices in bid to cut costs

The tech giant employs almost 4,000 staff in the UK

LinkedIn: Economic fears aren’t enough to stop employees jumping ship in 2023

Workers said they felt confident in their ability to find a new job, despite an uncertain economy.

Tech's downturn is mostly the result of trends outside the industry

Silicon Valley thinks it sets the economy's direction, but it's at the mercy of interest rates and other forces.

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