- Microsoft Corp (NASDAQ:MSFT) proposed to cut up to 120 jobs in Germany, business news outlet WirtschaftsWoche.
- The move was a part of the tech company’s global job cuts, Reuters reports.
- Microsoft confirmed downsizing by roughly 10,000 employees in January, equating to 4% – 5% of the total headcount.
- Also Read: Microsoft Bent On Crushing Opposition To Activision Deal, Cuts Yet Another 10-Year Deal With This Semiconductor Giant
- MSFT looked to incur a ~$1.2 billion charge in Q2 to account for the restructuring.
- Contrastingly, social media giant Meta Platforms, Inc (NASDAQ:META) reportedly eyed a fresh round of job cuts that could affect thousands of workers likely in the coming months.
- Meta proposed to push some leaders into lower-level roles, flattening the layers of management between Meta CEO Mark Zuckerberg and the company’s interns.
- Meta targeted divisions across the company and around the world.
- Price Action: MSFT shares traded higher by 0.30% at $252.27 on the last check Thursday.
The Limestone Boat Company Places First Order for Fully Electric Systems for Its 2024 Model Year Serial EV Boat Production
The Limestone Boat Company (the "Company") (TSXV:BOAT, OTCQB:LMSBF) – owner and builder of Aquasport Boats, Limestone® Boats and Boca Bay Boats – is pleased to announce that it
