Amazon stock sinks as company projects $200B in spending this year
Amazon is projected to spend more than $200 billion on data centers, computer chips and other equipment this year amid a costly AI race.
Amazon, Business, Microsoft, Technology
Meta lays off hundreds in Seattle area
Meta’s cuts to its virtual reality division is affecting the company’s Seattle area workforce.
Microsoft layoff rumors ‘100 percent made up,’ exec says
Rumors of mass layoffs at Microsoft swirled online this week. One company executive took to social media to shoot them down.
Weeks after huge layoff, Amazon makes new, smaller cut to WA workforce
Amazon is laying off more than 80 employees but says the move isn’t part of a broader trend.
EU to assess whether Amazon and Microsoft cloud businesses need extra scrutiny
The European Union is considering stricter scrutiny for Amazon and Microsoft’s cloud businesses.
Under pressure, Microsoft cuts some services to Israeli military
Microsoft is pulling back some cloud services it provides the Israeli military over surveillance allegations.
Amazon suspends employee who protested contract with Israel
An Amazon employee says he was suspended for protesting the company’s cloud-computing contract with Israel.
Cloud computing giant Oracle lays off more Seattle workers
Layoffs at Oracle over the last few weeks tally up to more than 260, as the year of tech cuts continues.
Microsoft is refreshing hybrid work. Code for tighter return to office?
Amid reports that the company plans a tighter return-to-office mandate, Microsoft said no decisions have been finalized.
Why is Microsoft, the world’s most valuable company, cutting workers?
The layoffs, which will affect almost 2,000 workers in Washington state, are meant in part to strip away layers of management and create more nimble teams.