Articles about amy hood

Microsoft cuts 4,800 jobs, about 2% globally, revamps salesforce and launches massive Xbox overhaul

Microsoft is cutting 4,800 jobs and overhauling its Xbox gaming business in what its new gaming CEO calls the biggest restructuring in Xbox history, while reshaping its sales and consulting division amid record AI spending and a 30% stock slide. Read More

Microsoft’s CTO testifies about email at the heart of Elon Musk’s allegations against the tech giant

Microsoft CTO Kevin Scott publicly addressed for the first time a 2018 email that Musk’s lawyers have cited as evidence Microsoft knew OpenAI was abandoning its nonprofit mission. A confidential board memo filed in the case reveals how Microsoft’s fear of falling behind Google drove the investment. Read More

Microsoft employees learn details of voluntary retirement package: Here’s what the company is offering

Microsoft employees eligible for the company’s first-ever voluntary retirement program learned the details Thursday, including cash payments of up to nine months of base pay, up to five years of healthcare coverage, and continued stock vesting. Read More

Microsoft puts a price on its voluntary retirement program

Microsoft says its voluntary retirement program will result in a $900 million charge in the current quarter. The company, which is spending record sums on AI infrastructure, said headcount dropped year over year and will decline again in fiscal 2027. Read More

Inside the courthouse as Elon Musk’s suit against OpenAI and Microsoft goes to trial

Amid the feud between two of tech’s most polarizing personalities, Elon Musk and Sam Altman, Microsoft might seem like a subplot, but its actions are at the heart of the case. We’re at the courthouse in Oakland as jury selection begins. Read More

Microsoft earnings preview: After a $357B wipeout, tech giant gets another chance

Microsoft reports fiscal Q3 results Wednesday. Here’s a preview of the key numbers, storylines, and context heading into the report, including Azure growth expectations, Copilot adoption, capital spending, and the organizational changes reshaping the company. Read More

Microsoft will offer voluntary retirement to thousands of employees in a first for tech giant

Microsoft is offering a one-time voluntary retirement program for the first time in its 51-year history, giving thousands of long-serving U.S. employees a chance to leave with a financial payout and extended healthcare as it works to control costs amid a massive buildup in AI infrastructure. Read More

The Microsoft-OpenAI Files: Internal documents reveal the realities of AI’s defining alliance

Internal emails, texts, slide decks, and deposition testimony show how Microsoft went from being sidelined at OpenAI’s founding to wielding decisive influence over the AI lab that launched the generative AI era — and how that power is now being tested as OpenAI emerges as a platform company with leverage of its own. Read More

Microsoft campus library closes in broader shift to AI-powered ‘digital learning experiences’

Microsoft is closing its traditional employee libraries, including the longtime Redmond facility where authors gave talks and employees browsed books. The company calls it a shift to AI-powered learning. Read More

Microsoft shareholders invoke Orwell and Copilot as Nadella cites ‘generational moment’

Microsoft’s shareholder meeting Friday morning highlighted a sharp divide: executives promoting a “planet-scale” AI future while investors voiced concerns about censorship, bias, privacy, and geopolitical entanglements. All six outside shareholder proposals — focused largely on AI risks — were voted down based on early results, Read More

New report about crazy Xbox profit expectations helps shed light on Microsoft’s broader gaming changes

For the last two years, Microsoft’s video game division has been working to meet financial targets that are well in excess of the typical industry standard, which has led to waves of layoffs, canceled projects, and a general perception that the company is scrambling. Read More

amy hood

Microsoft cuts 4,800 jobs, about 2% globally, revamps salesforce and launches massive Xbox overhaul

Microsoft’s CTO testifies about email at the heart of Elon Musk’s allegations against the tech giant

Microsoft employees learn details of voluntary retirement package: Here’s what the company is offering

Microsoft puts a price on its voluntary retirement program

Inside the courthouse as Elon Musk’s suit against OpenAI and Microsoft goes to trial

Microsoft will offer voluntary retirement to thousands of employees in a first for tech giant

The Microsoft-OpenAI Files: Internal documents reveal the realities of AI’s defining alliance

Microsoft campus library closes in broader shift to AI-powered ‘digital learning experiences’

New report about crazy Xbox profit expectations helps shed light on Microsoft’s broader gaming changes

Microsoft will cut nearly 2,000 jobs in Washington state as part of broader layoffs

Microsoft cuts nearly 3% of global workforce, about 6,000 jobs, in latest push for efficiency

Microsoft shareholders reject call to invest in Bitcoin, but company doesn’t entirely rule it out

Microsoft shareholders reject proposals to further study AI’s risks to its business

New numbers show Microsoft shed more than 16,000 jobs in nine months

Lumen CEO Kate Johnson on Seattle tech, AI, lessons from Microsoft, and ‘cloudifying’ telecom

Microsoft earnings preview: Growth slows as tech giant awaits payoff from big AI bets

What Microsoft’s numbers say about the state of the tech economy

How the economy is hitting the Amazon and Microsoft clouds, and what they’re doing about it

Microsoft’s belt-tightening is the latest sign of the economic times

New filing: Microsoft added record 40,000 employees in past year, up 22%, before job cuts

Microsoft adds 23k employees in one year, growing 14% despite pandemic and tight labor market

Microsoft execs field questions on diversity, Windows 7 holdouts, and offbeat campus plan at annual Q&A session

Microsoft: Commercial cloud revenue to jump 55% to nearly $15B this fiscal year

Advice for leaders from Microsoft CFO Amy Hood: ‘Every risk I took built confidence’

New Microsoft technology sniffs out hackers lurking on in-house corporate networks

Microsoft’s big overhaul could reshape its financial reporting