Browsing: tech industry

The tech industry is pouring hundreds of billions of dollars into artificial intelligence development, with data centers costing over $100 billion and AI expert salaries skyrocketing.

Microsoft is undergoing another major round of layoffs, impacting around 9,000 employees — roughly 4% of its global workforce. This move marks the company’s second-largest round of job cuts in 2025.

Microsoft has announced its second significant layoff in recent months, affecting approximately 9,000 employees worldwide across various divisions, including sales and Xbox gaming.

Soham Parekh, a software engineer from India, has sparked debate in the tech community by allegedly working for multiple startups simultaneously, raising questions about remote work practices and professional ethics.

Amazon CEO Andy Jassy warns employees of job cuts due to growing focus on AI, following industry trend of tech giants embracing automation to boost efficiency

Taiwan-based Co-Tech Development expects steady orders for specialized copper foils used in AI servers through the second half of 2025 despite industry challenges.

Business Insider attends an invite-only rooftop happy hour during NYC Tech Week, featuring Big Tech employees, founders, and AI startup representatives

Microsoft plans to cut thousands of jobs, mainly in sales, as it focuses on AI investments

Microsoft is reportedly planning to lay off thousands of employees, particularly in sales teams, as it streamlines operations and intensifies AI investments.

Microsoft is set to cut thousands of jobs as part of its cost-cutting measures, despite reporting a 13% revenue increase and a market cap of $3.569 trillion.