Microsoft will cut 10,000 jobs with concern about a recession in the cloud technology sector

DAVOS, Switzerland, Jan. 18 (Reuters) – Microsoft Company (MSFT.O) On Wednesday, it mentioned it will reduce 10,000 jobs and cost $1.2 billion in income, as cloud computing clients reassess their spending and the corporate prepares for a doable recession. The layoffs, which have been a lot bigger than the cuts Microsoft made final 12 months, … Read more

Analysis: Citgo may face new turmoil amid political changes in Venezuela

Altering the interim authorities might have an effect on the destiny of the oil refinery The Board of Administrators might modifications the debt compensation plan and improve operations HOUSTON (Reuters) – Oil refiner Citgo Petroleum might face modifications to its oversight board that result in a assessment of its plans after Venezuela’s opposition-led Nationwide Meeting … Read more