BlackRock is cutting 1% of its workforce ... build a more sustainable future and reach audiences where they are," the spokesperson said, according to Reuters. Microsoft is planning an unspecified number of cuts. Microsoft is planning job cuts soon ...
Among the multiple reasons the firms cite, they want to slim their staff as part of the cost-cutting measures amid a backdrop of technological change, especially over the next five years because of the rise of artificial intelligence.
The BlackRock CEO also weighed in on AI's energy implications and crypto's role as an alternative "currency of fear."
A wave of layoffs in the US is anticipated to continue until 2025, affecting major industries including tech, media, and finance. Microsoft, Amazon, B
Berkshire Hathaway CEO Warren Buffett has secretly invested in these three artificial intelligence stocks via New England Asset Management (NEAM).
Microsoft plans to pause hiring in part of its consulting business in the U.S., according to an internal memo, as the company seeks ways to reel in expenses.
Invest in BlackRock Science and Technology Trust for exposure to AI tech giants like Nvidia, Microsoft with high growth and dividends. Explore more here.
Companies have continued to cut jobs in 2025 after a wave of layoffs last year. Meta, Microsoft, BlackRock, and Ally are among those shedding staff.
Companies have continued to cut jobs in 2025 after a wave of layoffs last year. Microsoft, BlackRock, and Ally are among those shedding staff.
Job cuts are continuing into 2025 following waves of reductions last year. Companies such as Meta, Microsoft, BlackRock, and BP are conducting layoffs. See the list of companies letting workers go ...
A day after his inauguration as US President, Donald Trump unveiled a $100 billion venture to fund artificial intelligence infrastructure, backed by three of the biggest names in tech - OpenAI, SoftBank Group Corp.
The dependency dance between AI pioneer OpenAI and the Microsoft Azure cloud and the application software divisions of its parent company are fascinating