Artificial intelligence
fromNew York Post
1 month agoMicrosoft to lay off 3% of global workforce - roughly 7K jobs - in shift to develop AI
Microsoft is laying off 7,000 employees to focus on developing advanced AI technologies.
SBA's reorganization will eliminate 2,700 jobs, a 43% workforce cut, aiming for $435 million in savings. Employees are given another chance for a deferred-resignation offer.
The DOD will "realign the size" of its civilian workforce and "strategically restructure" it to supercharge American warfighters, according to Defense Secretary Pete Hegseth.
"The entire sector is being affected by the rising cost of utilities and services, the real-terms decline in public funding, and the impact of inflation on consumer spending and tourism."