Browsing: Microsoft

Microsoft is reportedly cutting about 3% of its global workforce, potentially impacting over 6,000 employees worldwide.

Microsoft has entered into a multi-year carbon offtake agreement with forest investment and management firm EFM, potentially receiving up to 700,000 nature-based credits through 2035.

Microsoft introduces a two-year rehire ban for employees terminated due to performance issues, categorizing these departures as ‘good attrition.’ The company has also implemented a globally consistent performance improvement plan and terminated 2,000 employees without severance earlier this year.

Microsoft President Brad Smith emphasizes compliance with EU regulations despite disagreements, amid escalating trade tensions between the US and EU.

Amazon joins the quantum computing race with its own quantum chip, competing with Google, Microsoft, and IBM. CNBC’s Kate Rooney explores Amazon’s plans in its quantum lab at Caltech.

Microsoft’s Azure cloud-services platform saw significant growth, driven by artificial intelligence adoption, contributing to the company’s strong fiscal third-quarter earnings.

Steve Worrall, Microsoft’s head in Australia, is departing to lead Telstra’s structurally separated infrastructure division, InfraCo, amid local tech industry leaders’ efforts to onshore their operations.

Microsoft is restructuring its partnership with OpenAI to protect its $13 billion investment while allowing OpenAI more flexibility for a potential IPO

Microsoft has introduced a two-year ban on rehiring employees who were terminated due to performance issues, labeling these losses as ‘good attrition’ in its effort to boost efficiency post-pandemic.

Microsoft’s TechHer programme hosts event to empower women in technology, featuring discussions on AI, productivity, and work-life balance