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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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suggested
May 7, 2026 / Tyler Durden
Iranian Media Reports Pier Struck Near Bandar Abbas After Mystery Explosions, Drone Activity
Iranian Media Reports Pier Struck Near Bandar Abbas After Mystery Explosions, Drone Activity
Summary
Hostile activity, explosions reported on Iran's southern coastal area along Hormuz. Possible US military activity reported.
The Trump admin mulls restarting operation to guide ships through the Strait of Hormuz with naval and air support as early as this week after Saudi Arabia and Kuwait lifted restrictions on US access to their bases and airspaces
Iran national security commission 'red line': No uranium has left the country; The right to enrich uranium, the complete lifting of sanctions, and the release...
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May 15, 2026 / Tyler Durden
My President Went To Beijing And All I Got Was This Crummy T-Shirt
My President Went To Beijing And All I Got Was This Crummy T-Shirt
Authored by Peter Tchir via Academy Securities,
Stocks rallied after Jensen hopped on AF1 in Alaska. They rallied several times yesterday on Iran/China headlines, on Boeing selling planes headlines, and other soundbites from the much heralded Xi and Trump Summit.
As discussed in Wednesday’s report China and Trade, we did not have high expectations regarding this meeting. We did feel that the President wanted a deal badly enough, that we would get something to help markets, even though it seemed...
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Kelley Beaucar Vlahos
The Sy Hersh effect: killing the messenger, ignoring the message
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