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Microsoft has offered voluntary retirement to more than 60,000 employees, about 27% of its total workforce. Big tech companies worldwide are investing hundreds of billions of dollars in AI infrastructure while sharply reducing headcount.
Read the original →Ramana, the new head of Microsoft's Copilot and Office business, is adjusting the organization and working arrangements. Senior employees are asked to be in the office at least four days a week.
Read the original →The mood among Swiss CFOs has improved markedly, with 61 per cent positive about the economic outlook for Switzerland. Revenue forecasts have also risen sharply, while employment prospects remain weak. Many CFOs expect AI to lead to job losses, particularly in entry-level and junior roles, according to Deloitte's latest CFO survey.
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