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Layoffs

Microsoft shares $500M in AI savings internally days after cutting 9,000 jobs

AI /

Microsoft’s chief commercial officer Judson Althoff said during a presentation this week that AI tools are boosting productivity across sales, customer service, and software engineering, Bloomberg reports. Althoff noted AI has been so useful that Microsoft was able to save more than $500 million last year in its call center alone.  The internal remarks come

Microsoft shares $500M in AI savings internally days after cutting 9,000 jobs Read More »

Microsoft will lay off 9,000 employees, or less than 4% of the company

Enterprise /

Microsoft is planning to lay off 9,000 employees, impacting less than 4% of its global workforce, according to a report by CNBC. Microsoft continues to beat expectations in its quarterly earnings; in its most recent report, the company grew its net income by 18% year over year, amounting to a total of $25.8 billion. However,

Microsoft will lay off 9,000 employees, or less than 4% of the company Read More »

After raising $38M, African e-commerce startup Sabi lays off 20%, pivots to traceable exports

Commerce /

African B2B e-commerce startup Sabi has laid off around 20% of its workforce (~50 employees) as it pivots from its original retail-focused platform to double down on a growing business in commodity exports. The layoffs, confirmed by the company on Thursday, are part of a broader restructuring aimed at aligning resources with what it describes

After raising $38M, African e-commerce startup Sabi lays off 20%, pivots to traceable exports Read More »