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Search results for May 7

AI & Enterprise

Microsoft seeks to introduce first voluntary employee exit program in 51 years

Microsoft is introducing a voluntary exit program for the first time in its 51-year history. CNBC reported the one-off program will apply to U.S. employees at senior director level and below whose combined age and length of service total 70 or more. Eligible employees and their managers will receive details on May 7, while staff covered by sales incentive plans cannot participate. Microsoft is also changing compensation and evaluation systems.

Games & Commerce

Naver, Kakao shares lag despite solid earnings as AI monetisation delays cut valuation expectations

Brokerages forecast record first-quarter results for Naver and Kakao, but their shares keep falling this year. Analysts say weaker visibility on monetising artificial intelligence is lowering valuation expectations. Securities firms have cut target prices for both companies. For Naver, rising infrastructure and promotion costs and delays to a blockchain-related merger are weighing on sentiment. For Kakao, investors are watching the super-app push and proof of AI agent utility.