Microsoft had revealed in May that it was laying off over 6,000 workers and made another announcement in July for an additional 9,000 employees, as reported by The Seattle Times.

Howard Marks explores how investor psychology distorts asset prices beyond fundamentals. Learn why price-value gaps matter and how to invest defensively today.

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What just happened? Despite Microsoft laying off over 15,000 employees so far this year, the company has just revealed that revenue from its Xbox Game Pass service reached almost $5 billion for ...

Merck’s stock is falling after a rare revenue miss, and the announcement of a $3 billion cost-cutting plan that will include layoffs.

Microsoft CEO Satya Nadella has claimed the company "is thriving" after laying off over 9,000 employees earlier this month.

Merck said it is embarking on a multi-year cost-savings plan, which includes cuts to its workforce and real-estate footprint, as it looks to redirect resources toward new product launches.

The Redmond-based tech giant is undergoing a significant transformation. According to a report by The Verge, Microsoft is boosting AI investments by laying off thousands of employees.

An economist told Newsweek that President Trump's widespread tariffs have put sectors of the economy in a wait-and-see approach.

Stanford University announced they will lay off more than 300 employees this fall. University leaders say they "face significant budget consequences from federal policy changes and those changes ...

Stanford University will lay off at least 363 employees this fall as part of $140 million in budget cuts driven by rising costs and changes in federal funding policies, including a steep revision ...