The termination letters say healthcare benefits will stop immediately.

Young, who worked out of San Francisco, was among Microsoft's top executives, named in regulatory filings alongside CEO Satya Nadella, President Brad Smith, Chief Financial Officer Amy Hood, Chief Commercial Officer Judson Althoff, Chief Marketing Officer Takeshi Numoto and Chief Human Resources Office Kathleen Hogan.

Microsoft has reportedly initiated another round of layoffs, terminating employees immediately without severance or continued healthcare benefits. Citing poor performance, affected workers must surrender all company access and property.

Microsoft highlighted the expansion of its artificial intelligence division, which generated $13 billion in sales annually.

LA QUINTA, Calif. – Sepp Straka won The American Express by two shots over Justin Thomas on Sunday, finishing his third career PGA Tour victory at 25-under 263 with a final-round 70.

Microsoft has initiated immediate job cuts due to performance issues, with impacted employees losing access to systems, buildings, and benefits on their last day. Terminated workers will not receive severance packages and future job applications to Microsoft will consider past performance.

Sunday

On Tuesday, OpenAI, SoftBank, Oracle, and MGX announced plans to form Stargate, a new company that will invest $500 billion in AI computing infrastructure across the United States over four years. The announcement came during a White House meeting with President Donald Trump, who called it the "largest AI infrastructure project in history."

Several high-profile figures, including billionaire Frank McCourt and former U.S. Treasury Secretary Steven Mnuchin, have expressed public interest in acquiring TikTok’s U.S. business. Trump also mentioned that he has had private discussions with “many people” regarding a potential deal.

Microsoft said Christopher Young, its executive vice president of business development, strategy and ventures, has resigned and would leave the company. The technology company on Wednesday said Young has ceased acting in his role after informing the board of his decision. He will remain an employee of the company until the end of March.

As artificial intelligence technologies develop at accelerated rates, the methods of governing companies and platforms continue to raise ethical and legal concerns.

British Airways and American Express have launched generous sign up bonuses on the three British Airways American Express Credit Cards, consumer and business.