Stocks closed sharply higher Friday after an employment report showed the U.S. added more jobs in May than Wall Street expected. The Dow returned to positive territory for 2025.

Only weeks after announcing the elimination of 6,000 positions in May, Microsoft has carried out another round of layoffs in early June, affecting more than 300 staff members.

Thousands of scientists, academics, physicians and researchers have responded to the administration’s executive order about “restoring a gold standard for science.” ...

6000 Microsoft Employees Fired Due To AI Usage, Not Performance. Mohul Ghosh. Jun 01, 2025. ... In a series of internal meetings and media interactions, ...