U.S. Job Growth Excels But These Companies Are Announcing Layoffs
Jobs and job growth in the U.S. beat expectations, as the unemployment rate fell to 4.1% in December. Meanwhile, these companies are announcing layoffs for 2025.
Microsoft Announces Job Cuts Across Company with Performance Focus
Microsoft ( MSFT, Financial) is set for another round of layoffs, and sources say these will include underperformers in performance-based cuts. Business Insider reports that security will be impacted,
Will AI Replace Your Job? What Microsoft’s Latest Moves Say About Layoff Fears.
Fresh job cuts are sweeping the technology sector with Microsoft the latest company to be making layoffs. CNBC cited a person familiar with the matter and reported Microsoft had confirmed the cuts. Microsoft didn’t immediately respond to a request for comment early on Thursday.
Tech’s AI Ambitions Could Mean Layoffs. Here’s the Latest From Microsoft.
Fresh job cuts are sweeping the technology sector with Microsoft the latest company to be making layoffs. The tech giant is cutting less than 1% of its employees, with the reductions based on performance,
Microsoft Announces Layoffs After Lackluster 2024
In the options pits, Microsoft stock has been popular with call traders. This is per its 50-day call/put volume ratio of 2.10 over at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE),
Microsoft Announces Layoffs, Targeting Poor Performing Employees
Microsoft is laying off "a small percentage of its workforce," as the tech sector continues to endure a turbulent period.
2024 Had Most Job Cuts In 15 Years—With One Exception
Job cuts from U.S.-based companies were the highest they’ve been in 15 years in 2024—with the exception of 2020 job losses ...
Zillow makes job cuts after reorganizing agent software and advertising teams
Seattle-based real estate company Zillow Group laid off an unspecified number of employees, the company confirmed Friday.
Microsoft confirms performance-based job cuts across departments
Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on ...
Layoffs Coming to US Jobs Market in 2025
"The trajectory of layoffs in 2025 will depend on several factors, including macroeconomic conditions, consumer demand, and ...
Microsoft layoffs: Tech giant’s job cuts stretch into 2025, now focusing on performance
Microsoft plans to make a new round of layoffs across the company, impacting employees whose performance has been deemed to ...
4 in 10 companies planning job cuts due to AI: Survey
Companies across the U.S., at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, ...
Microsoft is planning job cuts and focusing more on underperforming employees
The moves are part of a broader change in Microsoft's approach, which includes taking a harder look at low performers, ...
Job growth skyrocketed in December, boosting one of the strongest labor markets in US history
The US economy closed out 2024 with another month of massive job growth, adding 256,000 positions in December.
HuffPost’s editor-in-chief resigns after layoffs and fury at CEO for ‘bowing to MAGA’
HuffPost’s top editor resigned as fury grows that the parent company was “bowing to MAGA” ahead of Donald Trump taking office ...
U.S. job cuts rise 33% M/M in December; year's total climbs 5.5%: Challenger Job Cuts report
The number of job cuts announced by U.S. employers in December rose 33% M/M to 38,792, representing an 11% increase from ...