Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on ...

Companies across the globe, at least 4 in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, ...

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 ...

US job cuts rose 33% in December to 38,792. The annual total of 761,358 job cuts is the highest annual total since 2020, ...

The moves are part of a broader change in Microsoft's approach, which includes taking a harder look at low performers, ...

Residents could pay more for policing as a force warns it has already cut community officer numbers to urgently balance its ...

Retailers will be particularly hard hit by chancellor Rachel Reeves’s planned hike to employers’ national insurance ...

Library staff are set to lose their jobs, and fees for burials, new bins and wedding ceremonies are set to increase as a ...

Top-level data shows a consistent pace of hiring, but other numbers point to weakening in the labor market, with fewer open ...

Microsoft is reportedly planning to initiate performance-based job cuts across multiple departments. The news was first reported in Business Insider and later corroborated by CNBC.

"There is no signal here of any sudden collapse of the labor market here or imminent recession," said Carl Weinberg, chief economist at High Frequency Economics. "Instead, these data signal the ...

The Cooperative Governance department announced it would be ending contracts of over 67,000 elderly workers by the end of ...