Latest news with #MicrosoftCorp
Yahoo
a day ago
- Business
- Yahoo
Microsoft plans to cut thousands of jobs in sales division
-- Microsoft Corp . (NASDAQ:MSFT) is preparing to eliminate thousands of jobs, primarily in its sales division, as part of ongoing workforce reductions while the company increases spending on artificial intelligence. The job cuts are expected to be announced in early July, after Microsoft's fiscal year concludes, according to a report from Bloomberg, citing people with knowledge of the plans. The reductions will not be limited to sales teams, and the timing could change, these sources said. In April, Microsoft informed employees it would shift to using third-party firms to handle more software sales to small and mid-size customers. As Microsoft allocates tens of billions of dollars toward servers and data centers, executives have committed to investors and cautioned employees about controlling expenses in other areas. Microsoft did not provide a comment on the planned job cuts. Related articles Microsoft plans to cut thousands of jobs in sales division - Bloomberg Apple interested in using AI to design custom chips- Reuters, citing exec BofA starts Sandisk at Buy on margin upside, NAND recovery prospects Connectez-vous pour accéder à votre portefeuille
Bloomberg
2 days ago
- Business
- Bloomberg
Microsoft Planning Thousands More Job Cuts Aimed at Salespeople
By and Matt Day Save Microsoft Corp. is planning to ax thousands of jobs, particularly in sales, as part of the company's latest move to trim its workforce amid heavy spending on artificial intelligence. The cuts are expected to be announced early next month, following the end of Microsoft's fiscal year, according to people familiar with the matter. The reductions won't exclusively affectsales teams, and the timing could still change, said the people, who requested anonymity to discuss a private matter.
Bloomberg
3 days ago
- Business
- Bloomberg
Meetings After 8 p.m. Are On the Rise
If it feels like the workday is never-ending, it's not just you. Meetings starting after 8 p.m. are up 16% compared to a year ago, and at 10 p.m. almost a third of active workers are still monitoring their inboxes, according to research from Microsoft Corp. The company's annual work trends study, which is based on aggregated and anonymized data from Microsoft 365 users and a global survey of 31,000 desk workers, also found that almost 20% of employees actively working weekends are checking email before noon on Saturdays and Sundays, while over 5% are active on email again on Sunday evenings, gearing up for the start of the work week.
Hindustan Times
06-06-2025
- Business
- Hindustan Times
Microsoft CEO says OpenAI alliance changing but remains strong
Microsoft Corp. Chief Executive Officer Satya Nadella said his company's crucial partnership with OpenAI is changing, but remains strong. 'Any company that has gone from being a research lab to one of the most successful product companies of this age, obviously things have to change for them and for us and in the context of the partnership,' Nadella said in an interview on the The Circuit with Emily Chang. The world's largest software maker is seen as a leader in commercializing AI due to its relationship with, and $13.75 billion investment in, the ChatGPT maker. Still, there have been signs of friction between the companies as each launches competing products and seeks out additional partners. Nadella noted that OpenAI is Microsoft's largest infrastructure customer and said his company is 'thrilled' to have access to the AI powerhouse's technology. 'Having that multifaceted partnership is what we are really focused on,' he said. 'Why would any one of us want to go upset that?' The current contract continues through 2030, but a revision earlier this year allows OpenAI to rent computing power from other providers to train AI models. 'I hope that for decades to come, Microsoft and OpenAI will be partnered in variety of different ways,' Nadella said. 'Will they have other partners? Absolutely. Will we have other partners? Absolutely.' In a previous episode of The Circuit, OpenAI CEO Sam Altman said, 'We do get a lot of great stuff from Microsoft, but I think this is more than any one company can deliver.' To secure more computing for its power-hungry AI models, OpenAI has joined forces with Oracle Corp., SoftBank Group Corp. and others on an AI infrastructure effort called Stargate. Still, 'Microsoft will do a lot of compute for us, a lot, a lot,' Altman said. 'We're very happy about that.' Microsoft, which is celebrating its 50th anniversary this year, has been weaving AI tools into its suite of business applications — an effort designed to boost the company's share of the global market for cloud services. Nadella also is keen to use AI to reboot Microsoft's consumer business, which has long struggled against its peers. To accelerate the process, he recruited DeepMind co-founder Mustafa Suleyman last year to create an AI-focused consumer franchise. Suleyman has pledged to create emotionally intelligent assistants that can be tailored to users' individual needs. 'The number-one priority for us is that we have to produce beautiful, elegant consumer products that regular young people love,' Suleyman said an interview. 'And that is not the way that people currently think of Microsoft products today.' Microsoft's consumer assistant, dubbed Copilot, has gained some traction but is up against steep competition, most notably from OpenAI. Last month, ChatGPT was downloaded 105 million times between Apple and Android mobile phones, roughly 20 times the number of consumer Copilot downloads, according to research firm Sensor Tower. Nadella points out that because Microsoft provides much of OpenAI's computing, his company makes money every time ChatGPT is used. 'Every day that ChatGPT succeeds is a fantastic day for Microsoft,' he said. This episode of The Circuit With Emily Chang premiers at 8 a.m. in New York on the Bloomberg app and It appears at 6 p.m. on Bloomberg Television. Check out The Circuit podcast for extended conversations. First Published Date: 06 Jun, 10:42 IST
Time of India
06-06-2025
- Business
- Time of India
Google's parent Alphabet to keep hiring engineers despite AI advances: Sundar Pichai
Alphabet Inc.'s Sundar Pichai said his company will keep expanding its engineering ranks at least into 2026, stressing human talent remains key even as Google 's parent ramps up AI investments. Speaking at the Bloomberg Tech conference in San Francisco, Pichai said he will continue to invest in engineering in the near future. US tech leaders like Microsoft Corp. have trimmed more staff this year, reflecting in part the enormous investments needed to ensure leadership in AI. The firings have stoked fears about the technology replacing certain job functions. Google itself has conducted rounds of layoffs in recent years to free up resources. 'I expect we will grow from our current engineering base even into next year, because it allows us to do more with the opportunity space,' Pichai said in conversation with Bloomberg's Emily Chang. 'I just view this as making engineers dramatically more productive, getting a lot of the mundane aspects out of what they do.' Still, Pichai presented a vision of AI that was at once optimistic about the technology's possibilities and sober-minded about some of its present limitations. While AI excels in areas like coding, the models continue to make basic mistakes, Pichai said. 'So are we currently on an absolute path to AGI? I don't think anyone can say for sure,' Pichai said. He was referring to artificial general intelligence: the dream of building AI that can perform on par with humans. As Google incorporates more AI into its search engine, publishers have sounded the alarm about how the company's AI-generated answers deprive them of traffic. Pichai stressed that the company remains committed to sending traffic to the web. 'Compared to most companies in the world, we take care to design an experience which is going to showcase links,' Pichai said. 'We took a long time testing AI Overviews and prioritised approaches which resulted in high quality traffic out. I'm confident that many years from now that's how Google will work.' Pichai has led Google since 2015, when he took the reins from Google co-founder Larry Page pledging to focus even more on AI. Asked about what qualities the public can expect to see in the company's next CEO, Pichai quipped: 'Whoever is running it will have an extraordinary AI companion.' At the same conference on Wednesday, Meta Platforms Inc. Chief Technology Officer Andrew Bosworth said that there's been a cultural shift in the Silicon Valley and it is now more palatable for the tech industry to support the US military's efforts. The company announced a partnership with defense contractor Anduril Industries Inc. last week to develop products for the US military, including an artificial intelligence-powered helmet with virtual and augmented reality features. Anduril's co-founder Trae Stephens and other industry leaders such as Perplexity AI Inc. Chief Executive Officer Aravind Srinivas will join the Bloomberg Tech summit on Thursday.
