Microsoft Cuts 4,800 Jobs Amid AI Shift and Sharp Stock Decline

·1 views

Microsoft announced on Monday that it will lay off approximately 4,800 employees in its latest round of workforce reductions. The cuts are part of a broader trend of AI-driven restructuring at major tech companies. The announcement comes after a difficult period for the company, with its stock dropping nearly 23 percent in the first half of 2026. This marks Microsoft's worst first-half share performance since 2022, reflecting mounting pressure on the tech giant to streamline operations and invest further in artificial intelligence.

Read the full story at NDTV

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Army recovers 5 AK rifles, ammunition from militant hideout in J&K's Keran

The Indian Army uncovered a militant hideout in the Keran sector of Kupwara district, Jammu and Kashmir, on Sunday, July 6, 2026. Acting on specific intelligence inputs, troops recovered five AK series rifles and a hand grenade from the location. A large cache of ammunition and other war-related stores was also seized during the operation. The recovery marks a significant counter-militancy success for security forces in the sensitive border region.

0 comments Read more at Times of India

IndiaTimes of India ·

El Nino Could Create 18 TWh Power Gap in India, Coal Use Likely to Rise

India is expected to face one of the world's largest energy system impacts as El Nino conditions set in. The climate phenomenon is likely to reduce renewable electricity generation while simultaneously driving up cooling demand across the country. This imbalance could result in an electricity generation shortfall of nearly 18 terawatt-hours. To compensate, increased reliance on coal-fired power plants is seen as the most probable short-term response. Experts stress that scaling up solar energy capacity and battery storage will be essential to strengthen long-term grid resilience.

0 comments Read more at Times of India

IndiaTimes of India ·

FIFA denies Trump pressure after Balogun cleared to play in World Cup knockout stage

FIFA has insisted it operates autonomously following questions about potential political interference in a player eligibility decision. The controversy arose after Folarin Balogun was permitted to represent the United States in their FIFA World Cup round-of-16 match against Belgium. US President Donald Trump had confirmed he personally intervened in the matter, fueling speculation about undue influence on the governing body. FIFA's clarification sought to distance the organization from any suggestion that Trump's involvement had shaped the final ruling. The decision to allow Balogun to play drew notable criticism and prompted broader debate about the independence of football's governing body.

0 comments Read more at Times of India

IndiaTimes of India ·

Cuba's Entire Power Grid Fails, Plunging 10 Million Into Darkness

Cuba's national electricity grid suffered a complete collapse, cutting power to the island's entire population of roughly 10 million people. The blackout marks a severe escalation of an ongoing energy crisis that has plagued the country for months. Deteriorating infrastructure and chronic fuel shortages have been major contributors to repeated outages across the island. The Cuban government attributes its inability to secure adequate fuel supplies largely to US-imposed sanctions. The crisis unfolds against the backdrop of a prolonged and deepening economic downturn in Cuba.

0 comments Read more at Times of India