UPDATE: Microsoft is scrapping two upcoming video games, a reboot of “Perfect Dark” and the fantasy title “Everwild,” in addition to ending development on several unannounced projects. It is also ...

Microsoft-owned LinkedIn (MSFT) is the premier place people go to when they want to find a job. Strangely, LinkedIn recently fired a chunk of its own employee base, presumably due to AI. It announced ...

Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Microsoft on Tuesday said it's cutting ...

The past month has been unusually turbulent for the global tech industry, with some of its biggest names quietly shrinking their workforce even as they pour billions into AI. What makes this phase ...

“We must make choices now for continued success in future years and a key part of that strategy is the discipline to prioritize the strongest opportunities,” Microsoft Gaming CEO Phil Spencer said in ...

The cuts amount to about 5% of LinkedIn’s staff, according to a source.

Microsoft Corp.-owned LinkedIn is about to lay off about 5% of its staff, according to report in Reuters today. Speaking on the condition of anonymity, a person familiar with the matter told Reuters ...

Microsoft-owned LinkedIn is set to lay off about 5% of its employees as part of a team reorganization, despite reporting a 12% revenue increase in the latest quarter.

In May, Microsoft laid off around 3% of its workforce, eliminating more than 6,000 positions. It was the largest batch of layoffs from the company since 2023, when it cut 10,000 jobs. Related: ...

Microsoft-owned LinkedIn is preparing to cut about 5% of its workforce as it reorganises teams, even as revenue rose 12% in the latest quarter.

Microsoft CEO Satya Nadella sent a memo to his employees on Thursday explaining why the company laid off thousands of staffers despite increased investments and recognition. CEO Satya Nadella ...

Microsoft-owned LinkedIn is reportedly laying off hundreds of employees across multiple teams. The professional networking ...