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MSFT Plans First Voluntary Buyout In 51-Year History; Gates Foundation To Slash 20% Of Staff
MSFT Plans First Voluntary Buyout In 51-Year History; Gates Foundation To Slash 20% Of Staff
Summary:
First CNBC reports MSFT's first-ever Voluntary Buyout in 51-Year Company History,
Then a report by BBG on Meta planning 10% Workforce Cut, All Within Hours
To note: Reuters First reported Meta's 10% cut late last week (report)
Meta Layoffs
First, Microsoft unveiled a voluntary buyout program, a move that could incentivize thousands of employees to leave.
Now, Meta Platforms has reportedly followed with plans to cut 10% of its workforce. Taken together, today's back-to-back announcements suggest that as Big Tech continues...
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Apr 30, 2026 / Dave DeCamp
Israel’s New Ambassador to the ‘Christian World’ Served as Envoy to Azerbaijan During the Ethnic Cleansing of Christians from Nagorno-Karabakh
US Ambassador to Israel Mike Huckabee said on Thursday that he met with Israel’s new ambassador to the “Christian World,” as Israel is attempting to repair its global image among Christians. The man assigned to the position, George Deek, was the first Christian to serve as an ambassador for Israel when he was appointed envoy […]
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Aug 17, 2026 / Tyler Durden
US Navy Destroyer Suffered 4-Day Power Outage In Sweltering South China Sea
US Navy Destroyer Suffered 4-Day Power Outage In Sweltering South China Sea
Large US naval battleships continue to suffer problems at sea. While there have been many headlines of late detailing the problems of the USS Abraham Lincoln carrier connected to its extended deployment amid the Iran war, a separate warship is having serious problems in Pacific waters, quite apart from the crisis in the Persian Gulf.
"A US Navy guided-missile destroyer spent four days last month without working toilets, galley services and air conditioning in the blistering heat of the...
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Jul 28, 2026 / Tyler Durden
Futures Slide As Tech Rout Continues, Kospi Halted As It Crashes 10%
Futures Slide As Tech Rout Continues, Kospi Halted As It Crashes 10%
Futures extend Monday's losses as the Tech tape continues to unravel; global Semis were hit yesterday and again overnight (despite the best attempts of Goldman and JPM to force retail to buy the falling knives) with Asian stocks and especially Korea (-10%) bearing the brunt with fears of Chinese competition accelerating the sell-off and then spilling back over into the US. As of 7:00am ET, S&P futures are down 0.2% with tech slammed pushing the Nasdaq 0.9% lower...
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