ANZ’s incoming restructuring will cut about 3,500 permanent roles and review a further ~1,000 managed‑services contractor engagements, with the bank’s retail and technology divisions set to shoulder much of the impact—moves the company says are aimed at removing duplication, simplifying...
Despite posting some of its strongest financial results to date, Microsoft has found itself at the center of an uncomfortable paradox: record-breaking profits alongside sweeping job cuts. At the heart of this controversy is CEO Satya Nadella, who, in a recent memo to employees, admitted that the...
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Microsoft's recent round of sweeping job cuts has sent shockwaves through both the technology industry and the company's vast workforce. As the Redmond giant pivots toward a bold future centered on artificial intelligence, the decision to lay off more than 15,000 employees across key divisions...
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Microsoft's recent announcement of over 9,000 layoffs has sent shockwaves through the tech industry, particularly within its gaming division. This move, affecting approximately 4% of the company's global workforce, has sparked intense reactions from both current and former employees, raising...
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Based on the latest report dated June 19, 2025, Microsoft is preparing for a significant round of layoffs, which could affect thousands of employees—primarily in its sales department. This move is reportedly part of Microsoft’s broader strategy to reorganize and allocate more resources toward...
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BT Group's Chief Executive, Allison Kirkby, has indicated that advancements in artificial intelligence (AI) may lead to deeper job cuts than previously anticipated. In an interview with the Financial Times, Kirkby stated that BT's existing plan to eliminate over 40,000 jobs and reduce costs by...
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Microsoft’s recent announcement of 6,000 job cuts—roughly 3% of its global workforce—has sent fresh shockwaves through the tech industry, sparking debate about the company’s future, the role of artificial intelligence, and the shifting definition of job security in 2025. Unlike previous layoffs...
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Microsoft’s latest round of 6,000 job cuts – an estimated 3% of its global workforce – has sent ripples through the tech industry and beyond. At a recent companywide Town Hall, CEO Satya Nadella directly addressed these layoffs, clarifying that the primary motivation was "reorganisation rather...
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Here’s a concise summary of the article "From Cloud Gains to Job Pains: Microsoft Announces Major Layoffs" from cceonlinenews.com:
Microsoft has announced a significant round of layoffs, aiming to cut between 6,000 and 7,000 jobs (about 3% of its global workforce), even as it reports strong...
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As the new year unfolds, a wave of job cuts ripples through some of the world’s most prominent companies—from Boeing and BP to tech giants like Meta, Microsoft, and BlackRock. In a move that echoes the sweeping layoffs of previous years, these companies continue their restructuring efforts amid...
Microsoft, known for its technological prowess and a workforce exceeding 228,000 employees as of June 2024, is making headlines once again – but not in a way many expect. The tech giant has confirmed a wave of performance-based job cuts happening across its organization in 2025, including its...