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Microsoft is OpenAI’s largest investor. In 2023, Microsoft reportedly made an additional multi-year, multi-billion-dollar investment in attempts to build safe AGI (artificial general intelligence) ...
Microsoft says it is laying off about 9,000 workers, its second mass layoff in months and its largest in more than two years. The tech giant began sending out layoff notices Wednesday that hit the ...
Microsoft enacts largest wave of layoffs since 2023Jul 2, 2025 ...
Microsoft said in April that its quarterly profits had increased 18% to $25.8 billion during the three months ended March 31, on the back of strong performance for its cloud business and AI services.
Microsoft employed 228,000 full-time workers as of June 2024, the last time it reported its annual headcount. Its latest layoffs would cut fewer than 4% of that workforce, according to Microsoft.
The trimming of the Xbox staff follows Microsoft's years-long expansion of the business surrounding its gaming console, culminating in 2023 with the $75.4 billion acquisition of Activision ...
Until now, this year's biggest layoff was in May, when Microsoft began laying off about 6,000 workers, nearly 3% of its global workforce and its largest job cuts in more than two years.
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