WASHINGTON (Sputnik) - Microsoft Chairman and CEO Satya Nadella said on Wednesday that the company will cut 10,000 jobs or nearly 5% of its workforce in the third quarter of 2023 to align its cost structure with its revenue.
“[W]e will align our cost structure with our revenue and where we see customer demand. Today, we are making changes that will result in the reduction of our overall workforce by 10.000 jobs through the end of FY23 Q3. This represents less than 5 percent of our total employee base, with some notifications happening today,” Nadella said in a memorandum to Microsoft employees filed with the US Securities and Exchange Commission (SEC).
At the same time, Microsoft will continue to hire and invest in “strategic areas” to provide for its long-term competitiveness, the memorandum said.
Microsoft will spend $1.2 billion in the second quarter of the year to cover costs associated with severance pay, hardware upgrade and the lease consolidation, the memorandum added.
The tech giant will become another major tech corporation in the United States that resorted to staff reductions over the last 12 months amid the global economic slowdown. Other companies that have implemented significant workforce reductions or plan to do so soon include Twitter, Amazon and HP among others.
The United States' president has unleashed a xenophobic attack on Somali immigrants, labeling them "garbage." Donald Trump told reporters they should "go back to where they came from."
The remarks came as US immigration authorities prepare for an enforcement operation targeting Minnesota's Somali community, one of the largest in the country.
....more below
https://www.presstv.ir/Detail/2025/12/04/760037/RACISM-AND-XENOPHOBIA-IN-THE-U-S-
The Islamic Revolution Guards Corps (IRGC) Navy has kicked off a large-scale exercise in the Persian Gulf, showing advanced defensive and offensive capabilities enhanced by artificial intelligence.
The IRGC Navy began the exercise on Thursday, emphasizing enhanced intelligence readiness and demonstrating the unwavering spirit and resistance of its sailors to confront any threat.
During the exercise, naval units conveyed their firm message by issuing warnings to American ships present in the region.
Advanced air defense systems including Nawab, Majid, and Misagh were also deployed in electronic warfare conditions. Using artificial intelligence, these systems were able to identify flying and naval targets in a fraction of the time and hit them with high accuracy.
The exercise, codenamed Shahid Mohammad Nazeri, takes place across the Persian Gulf, the Nazeat maritime zone – Abu Musa, Greater Tunb, Lesser Tunb, and Siri islands, the Strait of Hormuz, as well as the Sea of Oman.....more...
While trafficking young girls, he was also part of an effort to export military-grade systems to governments around the world
Rachel Marsden
By Rachel Marsden, a columnist, political strategist, and host of independently produced talk-shows in French and English.
rachelmarsden.com
When I first moved to New York, I walked into my new dentist’s office and genuinely wondered whether I’d accidentally wandered into a Victoria’s Secret audition.
The waiting room was full of stunning young women. Eventually I learned the dentist shared space with a modeling agency. You couldn’t tell who was getting veneers and who was getting a contract until you were halfway down the hallway.
Jeffrey Epstein’s life operated on the same architectural principle: two businesses shoved into one building, one involving underaged girls, the other involving powerful political figures, including some tied to the Israeli government. Not exactly whitening trays and catwalks, but equally disorienting.
...
