Microsoft to shed 10,000 jobs, adding to glut of tech layoffs

DAVOS, Switzerland, Jan 18 (Reuters) – Microsoft Corp (MSFT.O) on Wednesday said it would eliminate 10,000 jobs and take a $1.2 billion charge to earnings, as its cloud-computing customers reassess their spending and the company braces for potential recession.

The layoffs add to the tens of thousands announced in recent months across the technology sector, which has downshifted following a strong growth period during the pandemic.

The news comes even as the software maker is set to ramp up spending in generative artificial intelligence that the industry sees as the new bright spot.

In a note to employees, CEO Satya Nadella attempted to address the divergent outlook for different parts of the business.

Customers wanted to “optimize their digital spend to do more with less” and “exercise caution as some parts of the world are in a recession and other parts are anticipating one,” he said. “At the same time,

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New Jersey marketing events group seeking interest in adding second men’s college hockey postseason national tournament – College Hockey

Denver and Minnesota State battle in the 2022 national championship game at Boston’s TD Garden (photo: Jim Rosvold).

March Madness for men’s Division I college hockey could look a little bit like college basketball in the very near future.

The Gazelle Group, a sports marketing and events company in New Jersey, has distributed memorandums to each of the men’s college hockey coaches to gauge interest in the establishment of a second postseason national tournament, the “College Hockey Playoff” or CFP.

The event would be run similar to another grassroots postseason tournament that Gazelle Group created in men’s basketball, the College Basketball Invitational, or CBI.

According to Gazelle Group president Rick Giles, the event is currently in the exploratory stages but if enough schools not only display interest but also a willingness to host each round of the tournament, things could ramp up quick enough for the inaugural event to take

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