04:03 PM EST, 01/08/2025 (MT Newswires) -- Microsoft ( MSFT ) is planning to reduce less than 1% of its 228,000 employees in the next few months, the Information reported Wednesday, citing sources familiar with the matter. The layoffs will reportedly be based on employee performance and span multiple divisions. Microsoft ( MSFT ) spokesperson reportedly said the company is...

(Reuters) - Wall Street giant Morgan Stanley ( MS ) promoted 173 of its employees to managing director roles this year, marking a 12% increase from 2024, a source close to the matter told Reuters on Wednesday. Bank of America ( BAC ) also promoted more employees to managing director roles in December, as dealmakers at the biggest U.S. banks...

Jan 8 (Reuters) - Wall Street giant Morgan Stanley ( MS ) promoted 173 of its employees to managing director roles this year, marking a 12% increase from 2024, a source close to the matter told Reuters on Wednesday. Bank of America ( BAC ) also promoted more employees to managing director roles in December, as dealmakers at the biggest...

Jan 8 (Reuters) - ZwillGen, a law firm that focuses on technology and privacy law, said on Wednesday it has launched an artificial intelligence division with the acquisition of another small firm, Luminos. Six attorneys and data scientists from the Washington, D.C.-based Luminos.Law have joined ZwillGen to expand the firm's work into AI bias and cybersecurity testing, which founder and...