Microsoft Corp. (MSFT)
Microsoft to Retire Bing Search APIs, Promote Azure AI Agents
Microsoft said Monday (May 12) that it will retire Bing Search APIs on Aug. 11. “Any existing instances of Bing Search APIs will be decommissioned completely, and the product will no longer be available for usage or new customer signup,” the company said in an Azure Update.
Microsoft and OpenAI Just Hit Reset—Here's Why MSFT Stock Wins
Microsoft Corporation NASDAQ: MSFT and OpenAI have announced that they are looking to reset their partnership. The reset is the latest chapter in a story that's been building between the two companies for the last six years.
Exclusive: EU antitrust regulators to accept Microsoft's Office-Teams offer, sources say
EU antitrust regulators are set to accept Microsoft's offer to widen the price differential between the Office product sold with its chat and video app Teams and its software sold without the app, people familiar with the matter said on Wednesday.
Microsoft layoffs today: Tech giant cuts around 6,000 jobs, nearly 3% of workforce, including at LinkedIn
Microsoft is cutting less than 3% of its global workforce, including at LinkedIn. The company employed an estimated 228,000 workers as of last June, meaning the layoffs will affect approximately 6,000 employees.
3 AI ETFs Tapping Into the Heart of the AI Revolution
One theme emerging from the first quarter earnings season is that the AI revolution is alive and well. Many companies, like Microsoft Corp. NASDAQ: MSFT and Meta Platforms Inc. NASDAQ: META, confirmed significant capital expenditure (CapEx) programs focusing on building out the AI infrastructure.
Microsoft cites 'new technologies' in decision to cut staff
Microsoft on Tuesday said it was slashing unnecessary layers of management and seizing the benefits of new technology as reports said the tech behemoth was laying off thousands of workers.
What's behind Microsoft's plans to flatten management layers by cutting thousands of employees
Microsoft is cutting about 6,000 jobs to increase the span of control per manager. The move aligns with similar strategies used by other tech companies to flatten management layers.
Microsoft Reassured The Market That Data Center Growth Remains Strong
Microsoft is set for continued data center growth driven by AI and cloud services demand. Management reassured the market by signaling growth in capital investments through eFY26. AI agent adoption is beginning to show signs of growth with the market for AI agents expected to increase at a 45.8% CAGR through 2030. Microsoft may also realize growth in its integrated IT/OT offering as manufacturing reshoring occurs.
Microsoft laying off 3% of its global workforce
Microsoft Corp (NASDAQ:MSFT) has announced it is laying off about 3% of its global workforce, impacting about 6,000 employees across all levels, teams, and locations. “We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace,” a Microsoft spokesperson said in a statement to CNBC.
Microsoft to lay off about 3% of its workforce
Microsoft began laying off nearly 3% of its entire workforce Tuesday, its largest mass layoff in more than two years.
Microsoft to Cut 3% of Workforce While Reducing Management Layers
Microsoft is reportedly laying off 3% of its workforce, or about 6,000 employees, to reduce the number of management layers. The job cuts are not performance-related, CNBC reported Tuesday (May 13), citing a Microsoft spokesperson.
Microsoft Slashing Thousands of Workers, Including Management Jobs
The cuts amount to less than 3% of the tech company's workforce.
