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  2. Microsoft to lay off hundreds at Azure cloud unit, Business ...

    www.aol.com/news/microsoft-lay-off-hundreds...

    The layoffs will impact teams including Azure for Operators and Mission Engineering, according to the report. The Azure for Operators layoffs involved as many as 1,500 job cuts, it added, citing ...

  3. Top tech companies face layoffs due to cost-cutting measures

    www.aol.com/news/top-tech-companies-face-layoffs...

    May 9, 2022 at 3:40 PM

  4. Termination of employment - Wikipedia

    en.wikipedia.org/wiki/Termination_of_employment

    A less severe form of involuntary termination is often referred to as a layoff (also redundancy or being made redundant in British English). A layoff is usually not strictly related to personal performance but instead due to economic cycles or the company's need to restructure itself, the firm itself going out of business, or a change in the function of the employer (for example, a certain ...

  5. Layoff - Wikipedia

    en.wikipedia.org/wiki/Layoff

    Traditionally, layoffs directly affect the employee. However, the employee terminated is not alone in this. Layoffs affect the workplace environment and the economy as well as the employee. Layoffs have a widespread effect and the three main components of layoff effects are in the workplace, to the employee, and effects to the economy.

  6. Dismissal (employment) - Wikipedia

    en.wikipedia.org/wiki/Dismissal_(employment)

    While the main formal term for ending someone's employment is "dismissal", there are a number of colloquial or euphemistic expressions for the same action. "Firing" is a common colloquial term in the English language (particularly used in the U.S. and Canada), which may have originated in the 1910s at the National Cash Register Company. [2]

  7. Layoffs soared 98% in 2023 with employers in cost-cutting mode

    www.aol.com/finance/layoffs-soared-98-2023...

    Scores of Americans had to brush up their CVs last year. In 2023, companies planned 721,677 job cuts, a 98% jump from 2022, according to a new report from professional outplacement firm Challenger ...

  8. 2024 CrowdStrike-related IT outages - Wikipedia

    en.wikipedia.org/wiki/2024_CrowdStrike-related...

    The impact to companies in the Central United States was exacerbated by an unrelated outage with Microsoft Azure the previous day. [29] On 18 July, the Azure platform had an outage that blocked some companies' access to their storage and to Microsoft 365 applications in Azure's Central United States region. [30]

  9. Elon Musk is good at layoffs. His cost-cutting expertise may ...

    www.aol.com/news/elon-musk-downsized-big-tech...

    Uncle Elon vs. Uncle Sam is a battle for the ages