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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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Feb 28, 2026 / Tyler Durden
Defiant Iranian FM Says Regime Change Will Be 'Mission Impossible'
Defiant Iranian FM Says Regime Change Will Be 'Mission Impossible'
There have been more US and Israeli strikes on Tehran into the afternoon and evening hours local time, suggesting that the aerial operation will be sustained, at least for the time being.
There have been rumors flying all day that Ayatollah Ali Khamenei has been killed, which Iranian officials have firmly denied. Many analysts believe that full regime change in Iran cannot happen unless there are US forces on the ground, and this prospect would be immensely unpopular among the American...
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Mar 4, 2026 / Tyler Durden
Typical US Homeowners Stay 12 Years In Their Homes - 20 Years In Los Angeles
Typical US Homeowners Stay 12 Years In Their Homes - 20 Years In Los Angeles
Authored by Mary Prenon via The Epoch Times (emphasis ours),
U.S. homeowners stayed in their houses for about 12 years as of 2025—the longest median time since 2022.
A view of houses in a neighborhood in Los Angeles on July 5, 2022. Frederic Brown/AFP via Getty Images
In a March 4 report, Redfin noted that the “stay put” trend peaked at 13.4 years in 2020, then gradually declined every year until 2024, when it hit 11.8 years. Last...
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Mar 22, 2026 / Tyler Durden
US Treasury To Partner With Education Department To Collect Student Loan Debt
US Treasury To Partner With Education Department To Collect Student Loan Debt
Authored by Naveen Athrappully via The Epoch Times (emphasis ours),
The U.S. Department of the Treasury and the Department of Education (ED) jointly announced a new partnership under which the Treasury will assume responsibility for collecting on defaulted federal student loan debt, according to a March 19 joint statement from the departments.
Secretary of Education Linda McMahon speaks outside the U.S. Supreme Court in Washington on Jan. 13, 2026. Madalina Kilroy/The Epoch Times
The Federal Student Assistance Partnership will enhance the...
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