In a bold move, Microsoft has announced the layoff of 7,000 employees, approximately 3% of its workforce, as part of a strategic pivot towards AI investments. This decision is intended to optimize resources and bolster the company’s AI-centric initiatives, amid discussions about potential further layoffs.
McDonald's has announced an ambitious plan to hire up to 375,000 workers this summer, aiming to boost its workforce while navigating its ties to the Trump administration. This marks the company's largest hiring initiative in years, alongside a celebration of its educational support program.
In a surprising turn, the Trump administration has admitted to firing nearly 25,000 workers, with a judge ruling these actions likely illegal. Agencies scramble to reinstate employees amid ongoing legal challenges.
Johns Hopkins University has announced over 2,000 layoffs globally after losing $800 million in federal grants. The cuts, largely stemming from the Trump administration's funding reductions, will impact critical health programs and local economies.
In a devastating announcement, Johns Hopkins University reveals it will cut over 2,000 jobs globally due to significant funding reductions from the Trump administration, impacting vital research and public health projects.