Microsoft will implement another staff reduction, equivalent to an average of 3 % of the workforce. It will also restructure various areas to reduce costs.
The tech giant is investing heavily in artificial intelligence, putting pressure on its finances.
During the last fiscal quarter, Microsoft…
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Browsing Tag
restructuring
Nokia cuts 2,000 jobs in China
Nokia Oyj in China cut 2,000 jobs as part of a restructuring and cost-cutting plan that began in 2023, when payroll at the end of that year was about 10,400.
Like its Nordic rival Ericsson AB, Nokia has been announcing cost-cutting due to…
Venezuela extends the restructuring of Sunacrip for six more months
The government of Venezuela extended the restructuring of the National Superintendency of Cryptocurrencies and Related Activities (Sunacrip) for six months. The measure is reflected in Official Gazette 42,840.
The decree, dated March 8,…
Barclays studies reducing client portfolio and layoffs
The British bank Barclays is studying a strong restructuring that could include the dismissal of some 2,000 workers in the administrative and technology sectors, as well as the elimination of 2,500 clients among the least profitable.
The…
Meta announced the dissolution of its AI regulation division
In a surprise twist, social media giant Meta has dissolved its division tasked with overseeing and regulating its artificial intelligence (AI) projects, according to recent reports. The move has led many members of Meta's AI division team…
Sunacrip restructuring process was extended
Through presidential decree number 4,865, published in Official Gazette number 42,717, the restructuring process of the National Superintendency of Crypto Assets and Related Activities (Sunacrip) will be extended for a period of six months,…
Windows 12 would hit the market at the end of 2024
The next update to Windows 12 would be in the markets in the fourth quarter of 2024, according to sources close to Microsoft.
Information has been leaked about a total restructuring, to start from scratch, with a more secure system and…
Nicolás Maduro appoints Anabel Pereira superintendent of Sunacrip
The Venezuelan government ordered the restructuring of the National Superintendency of Cryptoactives and Related Activities, Sunacrip, appointing the lawyer Anabel Pereira as rector.
Through the media it emerged that the order issued by…