On Wednesday morning Microsoft announced it was laying off 10,000 employees, about 5 percent of its total headcount, in response to lowered revenue and a “re-aligned core structure.” Hours earlier, dozens of Microsoft executives attended an exclusive, company-funded Sting concert outside of the World Economic Forum in Davos, Switzerland. The combination of the two events […]
Tag: Davos
Elites fly to Davos via private jet to lecture climate change
At the World Economic Forum, which started Monday in Davos, Switzerland, the global business and political elite will discuss how to combat climate change, but their own private jet travel to attend the conference will cause a spike in planet-warming carbon emissions, according to a new study from Greenpeace International. The research, released last Thursday, […]
World Economic Forum 2023 begins in Davos
The World Economic Forum (WEF) returned to Davos for its first winter session in three years with high expectations. Record numbers of government officials and business leaders were expected at the elite annual affair. However, the shadow of impending recession hung over the snow-covered Swiss ski resort as two surveys warned of trouble ahead for […]