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Microsoft is planning job cuts and focusing more on underperforming employees
Business Insider· 2025-01-08 00:27
Job Cuts and Performance Management - Microsoft is planning job cuts targeting underperforming employees as part of a broader performance management strategy [1][3] - The company is taking a harder look at underperforming employees and has been evaluating performance up to level 80, one of its highest levels [2] - The cuts are happening across the company, including in its important Security division [2][3] Employee Backfilling and Headcount - Microsoft often backfills roles when employees leave for performance reasons, which may result in little change to the company's overall headcount [1][3] - As of the end of June, Microsoft had approximately 228,000 full-time employees [1] Company Culture and Talent Focus - Microsoft emphasizes high-performance talent and focuses on helping employees learn and grow [1] - The company takes appropriate action when employees are not performing, aligning with its performance management stance [1][2]
Microsoft to Invest $3 Billion in Cloud and AI Infrastructure in India
PYMNTS.com· 2025-01-07 18:01
Microsoft said it will invest $3 billion to build cloud and artificial intelligence infrastructure in India over the next two years, aiming to help the country become an “AI-first nation.”The company also plans to train 10 million people in AI skills by 2030 and launch an AI Innovation Network in India, Microsoft Chairman and CEO Satya Nadella said during the Microsoft AI Tour in Bengaluru, according to a Tuesday (Jan. 7) press release.“India is rapidly becoming a leader in AI innovation, unlocking new oppo ...
Microsoft announces $3 bn AI investment in India
Techxplore· 2025-01-07 17:56
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Microsoft CEO Satya Nadella says the US tech giant plans to invest $3 billion in India on AI and cloud infrastructure over the next two years. Microsoft CEO Satya Nadella on Tuesday said the company plans to invest $3 billion in India on artificial intelligence (AI) and cloud infrastructure over the next two years. The world's ...
Microsoft CEO Satya Nadella Said Something That Could Be Bad News for Nvidia but Great News for This AI-Powered Stock in 2025
The Motley Fool· 2025-01-07 09:23
Artificial intelligence (AI) has been a dominant investment theme on Wall Street in the past couple of years. Considering the rapid and broad usage of these technologies and their transformational nature, many research firms have come out with updated estimates about the AI market opportunity. McKinsey expects AI to add $13.6 trillion to $22.1 trillion in economic value to current global GDP by 2030, while PWC expects AI to increase economic activity by $15.1 trillion by 2030.Although there is significant v ...
Microsoft to pump $3 billion into cloud and AI push in India
TechCrunch· 2025-01-07 08:27
Microsoft plans to invest an additional $3 billion to expand capacity for its artificial intelligence and cloud Azure services in India, the software giant’s chief executive said Tuesday.The software giant is already seeing many of its clients in India use its advanced technologies to bring efficiencies, Satya Nadella said at an event in Bengaluru. Some of its clients in India include Infosys, Air India, Meesho, Tech Mahindra, Federal Bank, Apollo, MakeMyTrip, HCL Tech, Manipal, Icertis, and InMobi. This i ...
3 Chip Stocks Surging Amid Foxconn, Microsoft Tailwinds
Schaeffers Investment Research· 2025-01-06 19:58
AI Demand and Industry Growth - Strong AI demand is expected in 2025, with Microsoft planning to invest $80 billion in AI-powered data centers this year [1] - Foxconn (Hon Hai Precision Industry) reported a 15% year-over-year revenue increase to $63.9 billion in Q4, driven by growth in cloud and networking products [1] Semiconductor Stocks Performance - AMD shares rose 3.9% to $129.68, recovering from a pullback near its 52-week low of $117.90, but the stock has declined 23.8% over the last nine months [3] - TSM shares surged 5.8% to $220.80, hitting a record high of $221.44, with a 121.6% year-over-year gain and on track for its third consecutive daily gain [4] - MU shares outperformed peers, rising 10.7% to $99.50, marking its third consecutive daily gain and trading at its highest level since Dec. 18, with a 19.8% increase over the last 12 months [5]
Microsoft Unveils $80B AI Data Center Plans: ETFs in Focus
ZACKS· 2025-01-06 19:00
Microsoft (MSFT) announced plans to spend $80 billion in fiscal 2025 on constructing data centers designed for artificial intelligence workloads. Over half of this spending will be focused on the United States, according to a blog post by Brad Smith, Microsoft Vice Chair and President. The fiscal year will conclude in June 2025.“Today, the United States leads the global AI race thanks to the investment of private capital and innovations by American companies of all sizes, from dynamic start-ups to well-esta ...
Nvidia and other chip stocks boosted by Microsoft data center spending update
Proactiveinvestors NA· 2025-01-06 15:42
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...
Is Microsoft an Undervalued AI Stock Right Now?
The Motley Fool· 2025-01-06 10:30
Microsoft (MSFT 1.14%) is one of the most valuable companies in the world when measured by market capitalization.*Stock prices used were the afternoon prices of Jan. 2, 2025. The video was published on Jan. 4, 2025. ...
Nvidia Stock Investors Got Fantastic News From Microsoft
The Motley Fool· 2025-01-05 11:14
Company Announcement - Microsoft plans to increase its capital expenditures to $80 billion in 2025 [1] Industry Impact - The increase in Microsoft's capital expenditures is seen as positive news for Nvidia stock investors [1] Stock Performance - Stock prices referenced are from the afternoon of January 2, 2025 [1]