As Microsoft pours billions into artificial intelligence, the company has offered buyouts to about 60,000 employees. The work force was already on edge.
As Microsoft pours billions into artificial intelligence, the company has offered buyouts to about 60,000 employees. The work force was already on edge.
About a quarter of the tech giant’s employees were eligible for the packages, although the company cautioned it did not expect many employees to sign on.
Volvo’s chief executive, Hakan Samuelsson, last April. “Nobody will be successful with the old recipe” for selling cars in China, he said Friday. “Those times are gone.”
Barclays is cutting 5 percent of its work force as banks turn to A.I., amid growing pressure to prove the technology can bolster productivity and profits.
The streaming service reported a 12 percent increase in quarterly revenue, but acknowledged that stagnant viewership, particularly in the U.S. and Canada, was a major concern.
Login
