Microsoft's AI Bet Pays Off: Company Joins Nvidia in $4 Trillion Club
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India.com
2 hours ago
- India.com
Bad news for employees of THIS company as it announces layoff of workers due to...,Not Ratan Tata's TCS, Narayana Murthy's Infosys, Google, name is...
Narayana Murthy, Late Ratan Tata and Azim Premji- File image (Left to right) Microsoft layoff: In a significant development impacting the employees of Microsoft across the world, global software technology giant Microsoft is laying off employees of Washington-based office. As per a report by the Seattle Times, the company continues to trim its workforce amid its massive spending on artificial intelligence infrastructure across the world. Here are all the details you need to know about the recent layoff from Microsoft. How many employees are fired in recent round? In the recent layoff, reports have it that Microsoft has laid off 40 Washington-based employees. Monday's layoffs, revealed in a state filing, are distinct from earlier global job cut announcements. In May, Microsoft said it would lay off over 6,000 employees, followed by another 9,000 in July. The company described Monday's job cuts as minimal. So far this year, Microsoft has eliminated a total of 3,160 positions in Washington, including the latest round. Why Microsoft is continuously firing employees? Earlier in July, it was reported that Microsoft is laying off 4 per cent of its workforce, or around 9,000 employees, in yet another round of job cuts this year. According to The Seattle Times, employees in Microsoft's Xbox division, known as Microsoft Gaming, are being hit hard by these layoffs. 'To position Gaming for enduring success and allow us to focus on strategic growth areas, we will end or decrease work in certain areas of the business and follow Microsoft's lead in removing layers of management to increase agility and effectiveness,' said Xbox leader Phil Spencer in a message to the team. Which employees are being fired by Microsoft? The fresh job cuts come less than two months after Microsoft announced it was laying off more than 6,000 employees, followed by an additional 305 reductions in early June. Microsoft laid off 1,900 Activision Blizzard and Xbox employees in January 2024, followed by several game studio closures and job losses in May, and 1,000 job losses from its HoloLens and Azure cloud teams in June. (With inputs from agencies)
Time of India
3 hours ago
- Time of India
Elon Musk's one-word description for Nvidia CEO Jensen Huang's work ethic: 'There's Hard Work And Then There's Insanely Hard Work'
Nvidia CEO Jensen Huang Recently an old interview clip of Nvidia CEO Jensen Huang resurfaced online. The now viral interview clip has reignited admiration for his relentless work ethic . His work ethics has also drawn one-word admiration from Tesla CEO Elon Musk. Replying to a post sharing Nvidia CEO's clip Musk responded a comment 'hardcore'. The video was originally released in 2023 by Norges Bank Investment Management. The interview features the intense daily routine of Huang. Nvidia CEO Jensen Huang's work ethic The interview clip originally from November 2023, features Jensen Huang in conversation with Norges Bank Investment Management CEO Nicolai Tangen. In the now viral clip Huang said, 'There's not a day that goes by that I don't work. And if I'm not working, I'm thinking about work." He described a daily routine of waking up at 5 a.m. and going to bed at 9:30 p.m., while also asserting that he doesn't need to relax because "working is relaxing for me." In the video Huang was also asked to define his intensity. Replying to this question Huang said, 'There's hard work, and then there's insanely hard work… I'm on the insanely hard work end of the scale." Tesla CEO Elon Musk impressed with Nvidia CEO Jensen Huang Elon Musk is also known for his own tough and demanding work routine. It is often seen that Musk has slept at his factories and offices in order to push the projects forward. Musk was impressed with the work ethics of Huang and replying to the interview clip shared on X Musk wrote 'Hardcore'. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like No annual fees for life UnionBank Credit Card Apply Now Undo Billionaire Harsh Goenka on Nvidia CEO's LinkedIn profile: This might just be the most inspiring LinkedIn profile ever Recently, Billionaire Harsh Goenka has praised Nvidia CEO Jensen Huang in his latest social media post. In a post shared on X (formerly known as Twitter) Goenka highlighted a career move mentioned in Huang's LinkedIn profile. Goenka highlighted that Huang's career journey included being a dishwasher and he eventually became a tech visionary. Before starting Nvidia in 1993, Huang worked as a dishwasher, busboy, and waiter at Denny's, a popular American diner chain. Huang's LinkedIn profile reportedly includes these early roles, a detail that many find surprising and incredibly motivating given his current stature as the head of a multi-trillion-dollar company. Sharing a screenshot from Nvidia CEO Jensen Huang's LinkedIn profile Goenka wrote, 'This might just be the most inspiring LinkedIn profile ever. From dishwasher at Denny's…to Founder & CEO of NVIDIA. Take a bow, Jensen Huang.' AI Masterclass for Students. Upskill Young Ones Today!– Join Now
News18
6 hours ago
- News18
Microsoft Layoffs 2025: Tech Giant Now Cuts 40 More Jobs Amid Record AI Spend
Microsoft laid off 40 employees in Washington state, adding to job cuts this year. Despite strong finances, the company invests heavily in AI, with $30 billion planned by 2025. Microsoft has laid off 40 employees in Washington state, adding to the series of job cuts it has made this year. This latest round of layoffs was disclosed in a state filing on Monday, even as the company continues to report strong financial performance and increase its investments in artificial intelligence, according to Moneycontrol. Despite these workforce reductions, Microsoft recently announced record-breaking quarterly revenue and profit, driven by strong growth in its cloud and AI businesses. The company has invested $88 billion over the past year to bolster its AI infrastructure and plans to spend an additional $30 billion by September 2025, the report stated. Microsoft had cut about 9,000 employees, or 4% of its workforce, in the latest round of job cuts. The third round of layoffs happened after 6000 job cuts (3% of its workforce) in May and over 300 sackings just a week earlier. The Bloomberg report had also mentioned that Microsoft has allocated a capital expenditure of around Rs 6.6 lakh crore ($80 billion) for the current financial year. A substantial portion of this budget will be dedicated to expanding data centre infrastructure, aiming to alleviate the strain on existing facilities that support AI services. view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
