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Microsoft to lay off more employees months after letting 10,000 workers go

Microsoft confirmed Monday that it’s eliminating additional jobs, a week after the start of its 2024 fiscal year. The cuts are in addition to the downsizing announced in January that resulted in 10,000 layoffs. The software maker also disclosed a small number of cuts this time last year. GeekWire reported on the latest cuts earlier […]

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Businesses expect slowing prices, wage increases: BoC survey – Business News

Photo: The Canadian Press Businesses continue to expect wage and price increases to be larger than normal, but they are shifting to closer to what they were before the pandemic, a new survey by the Bank of Canada suggests. In its business outlook survey released Friday, the central bank said for the first time since

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AbCellera draws $300 million in government funding – Business News

Photo: Nelson Bennett. Francois-Philippe Champagne, Canadian minister of Innovation, Science and Industry, was in Vancouver Wednesday announcing $225 million in federal funding for AbCellera. Federal and provincial officials announced $300 million in funding today for the new $700 million biotech campus built by AbCellera (Nasdaq:ABCL )in Mount Pleasant. AbCellera has emerged as one of BC’s

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