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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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Jun 16, 2026 / Tyler Durden
US Residential Solar Installations Set To Stall For Years As Market Hits Wall
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Residential solar in the US is actively cratering after President Trump's One Big Beautiful Bill resulted in the sunsetting of a key tax credit for homeowners last year - which will result in a prolonged slump in installations, according to Bloomberg New Energy Finance (BNEF).
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May 1, 2026 / Tyler Durden
Bombshell Sexual-Harassment Suit Against JPM's Lorna Hajdini Called "Complete Fabrication"
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The British tabloid newspaper Daily Mail first broke the story earlier this week about a former JPMorgan staffer who claimed that an executive director on JPM's leveraged finance team turned him into a "sex slave" by drugging him with Rohypnol and Viagra, according to a bombshell lawsuit. However, it now appears that the sexual harassment suit was "fabricated," according to a new report.
The New York Post reported late Thursday that Chirayu Rana, now a principal at Bregal Sagemount, filed the...
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May 30, 2026 / Jacob G. Hornberger
The US Bares Its Fangs against US Citizens
The fangs of the US Empire are now being bared against not only the Cuban people but also against the American people. The Empire has issued subpoenas to two American citizens — Medea Benjamin, founder of Code Pink, and Hasan Piker requiring them to provide Empire officials with detailed information about a trip that Benjamin […]
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