A bumpy transition often awaits people who get laid off or take buyouts late in their careers. Four people open up about their finances and how they spend their time. https://t.co/xQ11BMOKMW ...

More than 1300 civil and foreign service officers at the State Department were indiscriminately fired on Friday as part of the Trump administration's drastic and devastating so-called reorganization of the agency. In total, 15% of domestic staff at the department is being cut along with the dissolution or merging of more than 300 bureaus and offices. Now, this shrinking comes contrary to the hopes of many when Rubio was nominated and then unanimously confirmed by the Senate, the only Trump appointee to have ...

Industry Trend - There's a growing belief that having too many employees will slow a company down [1] - Companies believe anyone still on the payroll could be working harder [1]

Core Viewpoint - Microsoft is cutting nearly 9,000 jobs, representing under 4% of its workforce, as part of ongoing organizational changes to enhance agility and effectiveness in a dynamic marketplace [2][3]. Group 1: Job Cuts and Workforce Impact - The job cuts will affect nearly 8,800 positions based on a workforce of 228,000 employees in mid-2024, following previous reductions earlier in the year [3]. - The company has made routine adjustments to its workforce to align with strategic demands, even during stable periods [3]. - The recent layoffs follow a 1% performance-based reduction in January, 6,000 cuts in May, and approximately 300 in June [3]. Group 2: Strategic Focus and Management Changes - The cuts aim to reduce management layers, allowing employees to focus more on meaningful work by leveraging new technologies [3]. - Phil Spencer, CEO of Microsoft's gaming division, indicated that the company will end or decrease work in certain areas to focus on strategic growth and increase agility [4]. Group 3: Industry Context - The layoffs at Microsoft occur alongside similar cuts at other major companies, including JPMorgan Chase, Morgan Stanley, and Wells Fargo, as well as Walmart's plan to cut around 1,500 jobs [5]. Group 4: AI Developments - Microsoft announced that its AI Diagnostic Orchestrator (MAI-DxO) achieved an 85% accuracy rate in diagnosing complex cases, significantly outperforming the average accuracy of 20% among physicians in a study [6]. - The company emphasized the importance of trust in AI performance for both clinicians and patients [7].

Core Viewpoint - Microsoft is implementing another round of layoffs, affecting less than 4% of its total workforce, as part of ongoing organizational changes to enhance efficiency in a dynamic marketplace [1][2]. Group 1: Layoff Details - The latest layoffs follow a previous announcement in May where Microsoft cut 6,000 workers [2]. - The current cuts are aimed at reducing management layers and streamlining processes, products, and roles [2][3]. Group 2: Industry Trends - Microsoft is not alone in these efforts; other major tech companies are also reducing management levels to improve efficiency [3]. - Google has recently reduced vice president and manager roles by 10%, while Amazon is increasing the ratio of individual contributors to managers [4].

We got some breaking news just before you stepped on onto set this coming from Microsoft that basically they're going to cut 9000 workers in a second wave, major layoffs. It seems like Microsoft is really looking to reduce headcount here. And look, I think coding assistant as a tool is now pretty well established.It's the fastest growing software category this year. And every software maker has launched. Even Google just launched their own coding assistant.So what they're saying is we are not only launching ...

A comprehensive list of 2025 tech layoffs | TechCrunch https://t.co/vhI3dnJESp ...

It isn’t just Amazon. There’s a growing belief that having too many employees will slow a company down—and that anyone still on the payroll could be working harder. https://t.co/5MRMg3RLuz ...

How To Navigate Layoffs Without Damaging Your Career https://t.co/jRf22peFFf https://t.co/jRf22peFFf ...

How To Navigate Layoffs Without Damaging Your Career https://t.co/Vnpaa2Js3X https://t.co/Vnpaa2Js3X ...