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The staggering costs of its AI investments threaten the tech giant's margins, prompting cost-cutting measures.
Microsoft’s July 2 layoffs have hit Xbox, leading to the closure of studios like Arkane Austin and Tango Gameworks, and the ...
Microsoft is kicking off its fiscal year by laying off thousands of employees in the largest round of layoffs since 2023, the ...
Phil Spencer told employees Xbox will shed roles to boost agility as Microsoft restructures gaming and sales teams amid ...
Microsoft announced that it is laying off about 9,000 workers in its second mass layoff in months and its largest in more ...
Ford workers told their CEO ‘none of the young people want to work here.’ So Jim Farley took a page out of the founder’s ...
The S&P 500 hits another record as President Donald Trump announced a trade deal with Vietnam. Separately, his ‘big beautiful ...
Microsoft is making job cuts affecting less than 4% of its total workforce as it focuses on reducing layers with fewer ...