Job cuts weigh heavily on me, says CEO Satya Nadella
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Vice President, JD Vance has criticized Microsoft Corp. (NASDAQ:MSFT) and other tech giants for laying off American workers while heavily depending on immigrant labor through the H-1B visa program. What Happened: Speaking at a bipartisan event hosted
Despite the cuts, investors have rewarded Microsoft’s leaner operating model. The company’s stock closed above $500 for the first time on July 9, a symbolic milestone that arguably underscores Wall Street’s growing faith in Microsoft’s AI strategy.
The path to a worldwide hacking campaign began with a contest for cash and a free laptop.