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Atlassian is cutting 10% of its workforce, or ~1,600 jobs, to fund investment in AI and enterprise sales; filing: the cuts will incur $225M-$236M in charges (CNBC)

CNBC : Atlassian is cutting 10% of its workforce, or ~1,600 jobs, to fund investment in AI and enterprise sales; filing: the cuts will in...

5 January 2025

Foxconn reports Q4 revenue of ~$64.6B, up 15% YoY and exceeding analyst expectations for a 13% rise, with December 2024 bringing in ~$19.8B, up 42% YoY (Jane Lanhee Lee/Bloomberg)

Jane Lanhee Lee / Bloomberg:
Foxconn reports Q4 revenue of ~$64.6B, up 15% YoY and exceeding analyst expectations for a 13% rise, with December 2024 bringing in ~$19.8B, up 42% YoY  —  - Company sees significant sales growth for the first quarter  — December sales NT$655 billion up 42% on strong AI server sales

Posted from: this blog via Microsoft Power Automate.

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