Major data center company pauses investment decisions in Middle East amid Iran war, CEO tells CNBC
A major data center company has paused investment in AI infrastructure projects and data centers in the Middle East amid ...
Tag: Personnel
20,000 job cuts at Meta, Microsoft raise concern that AI-driven labor crisis is here
Meta CEO Mark Zuckerberg, left, and Microsoft CEO Satya Nadella.Getty Images | ReutersThe more than 20,000 potential job cuts Meta ...
Microsoft plans first-ever voluntary employee buyout for up to 7% of U.S. workforce
People are reflected at a Microsoft store in Manhattan on March 31, 2026, in New York City.Zamek | View Press ...
Nike cuts 1,400 roles in second round of layoffs this year
People walk past a Nike store in New York City, on April 2, 2025.Kylie Cooper | ReutersNike announced a new ...
Meta will cut 10% of workforce as company pushes deeper into AI
Meta CEO Mark Zuckerberg leaves the Federal Courthouse in downtown Los Angeles after defending the company in a landmark social ...
Fed officials still foresee rate cut this year, despite war impacts, minutes show
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal ...
Delta suspends ‘specialty services’ perk for members of Congress, cites DHS shutdown
A Delta Air Lines Boeing 757-200 plane passes by the Capitol dome in Washington as it comes in for a ...
Trump threatens to deploy ICE agents to airports if DHS shutdown doesn’t end, while Elon Musk offers to cover TSA agents’ pay
U.S. President Donald Trump speaks to the media as he departs the White House for Florida, in Washington, D.C., U.S., ...
FedEx has started delivering ‘promotion-ready’ AI training to over 400,000 workers
For the close to half-a-million workers at FedEx, a major AI journey is underway. The logistics giant is in the ...
Fed Governor Waller urges caution for now, says rate cuts possible later in the year
Federal Reserve Governor Christopher Waller on Friday expressed caution about current economic conditions but still sees the opportunity for interest ...
