Microsoft jobs – pressnews

Big Tech Binged on Workers During Covid. Now, the Purge.

27Jan

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Technology

Big Tech Binged on Workers During Covid. Now, the Purge.

[ad_1] The spate of layoffs is a reaction to a hiring wave during the pandemic that got out of hand. But will it be an overreaction? The layoff announcements coming lately from the chief executive officers of big technology companies all contain variations on the theme of “we hired too many people during the pandemic,” expressed with varying degrees of contrition. At one end of the spectrum are Seattleites Andy Jassy of Amazon.com Inc. and Satya Nadella of Microsoft Corp. Amazon's layoffs were simply an outgrowth of its annual review, Jassy wrote, although he did allow that “this year's review has been more difficult given the uncertain economy and that we've hired rapidly over the last several years.” Microsoft's Nadella opted for bland corporatespeak: “As we saw customers acceler...

Microsoft’s dour outlook raises red flags for tech sector

26Jan

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Technology

Microsoft’s dour outlook raises red flags for tech sector

[ad_1] The warning from Microsoft came after a steep fall in client spending prompted tech heavyweights from Amazon.com Inc to Meta Platforms to slash jobs and save cash. Microsoft Corp's lackluster quarterly outlook points to more gloom ahead for the tech sector, analysts said, after the tech bellwether warned that its customers were cautious about spending in a turbulent economy. The warning from Microsoft, the second most valuable U.S. company, came after a steep fall in client spending prompted tech heavyweights from Amazon.com Inc to Meta Platforms to slash jobs and save cash. Microsoft, along with Big Tech peers Amazon and Apple Inc, pared losses from earlier on Wednesday to trade nearly 1% lower. Alphabet Inc was down 3%. The companies are four of the biggest by market val...

21Jan

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Technology

Big tech’s job-slashing wave

[ad_1] Google slashes nearly 12,000 jobs worldwide. The layoffs come a day after Microsoft said it would reduce staff numbers by 10,000, following similar cuts by Meta, Amazon and Twitter. Google's announcement Friday it would slash nearly 12,000 jobs worldwide is the latest in a series of mass layoffs in the once-unassailable tech sector, which is facing a huge downturn. Here are the others: - Amazon - The online retail giant said on January 5 it would cut more than 18,000 jobs from its workforce, citing "the uncertain economy" and the fact it had "hired rapidly" during the pandemic. During Covid, Amazon had gone on a hiring spree to meet an explosion in demand for deliveries, doubling its global staff between the beginning of 2020 and start of 2022. It was the largest among...

Microsoft Wants AI To Change Your Job—If It Can Work Out the Kinks

1Nov

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Technology

Microsoft Wants AI To Change Your Job—If It Can Work Out the Kinks

[ad_1] Microsoft believes its artificial intelligence tools are poised to reshape ‘thousands’ of professions. There are just a few legal and ethical hazards The most hyped words in tech today may be “generative AI.” The term describes artificially intelligent technology that can generate art, or text or code, directed by prompts from a user. The concept was made famous this year by Dall-E, a program capable of creating a fantastic range of artistic images on command. Now a new program from Microsoft Corp., GitHub Copilot, seeks to transform the technology from internet sensation into something broadly useful. Earlier this year, Microsoft-owned GitHub widely released the artificial intelligence tool to work alongside computer programmers. As they type, Copilot suggests snippets of c...

UPDATE 1-Microsoft cuts about 1,000 jobs – Axios

19Oct

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Technology

UPDATE 1-Microsoft cuts about 1,000 jobs – Axios

[ad_1] Microsoft Corp laid off under 1,000 employees across several divisions this week, Axios reported. Microsoft Corp laid off under 1,000 employees across several divisions this week, Axios reported on Tuesday, citing a source, making it the latest U.S. technology company to cut jobs or slow hiring amid a global economic slowdown. The layoffs affected less than 1% of Microsoft's total workforce of around 221,000 as of June 30. "Like all companies, we evaluate our business priorities regularly and make structural adjustments accordingly. We will continue to invest in our business and hire in key growth areas in the year ahead," a Microsoft spokesperson said. The company had said in July that a small number of roles had been eliminated and that it would increase its headcount ...