Microsoft is cutting 4800 jobs - about two percent of its global workforce - in a sweeping restructure.

Most cuts are part of a restructure of its struggling Xbox gaming division.

It's the latest in a string of mass layoffs by the tech giant alongside major investment in AI.

Sam Dickie from Fisher Funds explained the implications of this move.

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Microsoft is cutting 4800 jobs - about two percent of its global workforce - in a sweeping restructure.
Most cuts are part of a restructure of its struggling Xbox gaming division.
It's the latest in a string of mass layoffs by the tech giant alongside major investment in AI.
Sam Dickie from Fisher Funds explained the implications of this move.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Sam Dickie: Fisher Funds expert on Microsoft cutting over 4,000 jobs as a result of AI

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/5ce74b2e-472e-4ede-a3ee-b482007ea8d0/transcript

Fifty police chiefs have signed a letter urging Prime Minister Andy Burnham to explore all the legal options to prevent PC Andrew Harper's killers from being released early.

Harper was killed in 2019, when he was dragged behind the getaway car of three teenagers who had fled the scene of a quad bike theft in Berkshire.

Under changes to the Sentencing Act made this year, Jessie Cole and Albert Bowers - who were sentenced to 13 years for manslaughter - will be eligible for release from custody after serving half of their sentences.

UK correspondent Enda Brady says Burnham's looking to ensure these changes no longer apply to people with manslaughter convictions.

LISTEN ABOVE

Fifty police chiefs have signed a letter urging Prime Minister Andy Burnham to explore all the legal options to prevent PC Andrew Harper's killers from being released early.
Harper was killed in 2019, when he was dragged behind the getaway car of three teenagers who had fled the scene of a quad bike theft in Berkshire.
Under changes to the Sentencing Act made this year, Jessie Cole and Albert Bowers - who were sentenced to 13 years for manslaughter - will be eligible for release from custody after serving half of their sentences.
UK correspondent Enda Brady says Burnham's looking to ensure these changes no longer apply to people with manslaughter convictions.
LISTEN ABOVE

Enda Brady: UK correspondent on Andy Burnham looking to keep PC Andrew Harper's killers in prison

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3196c140-2fb1-4e11-af7d-b4aa00818f4a/transcript

A global boom for beef is driving up cattle numbers - but how likely can it keep up the momentum?

Data shows the 2025-2026 season was generally favourable for beef farmers, but concerns have been raised about the impact of overseas markets like the US. 

The Country's Hamish McKay explained further.

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A global boom for beef is driving up cattle numbers - but how likely can it keep up the momentum?
Data shows the 2025-2026 season was generally favourable for beef farmers, but concerns have been raised about the impact of overseas markets like the US.&nbsp;
The Country's Hamish McKay explained further.
LISTEN ABOVE

Hamish McKay: The Country spokesperson on whether the recent beef boom could continue

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/33038239-bb09-4bed-bce2-b4aa007ea095/transcript

The chair of Kiwibank's holding company is floating the idea of a Kiwibank-TSB merger.

It comes as a group of Taranaki locals is seeking an interim injunction to stop a proposed merger of TSB and Heartland banks.

The interim injunction on the TSB-Heartland merger is due to be heard on Thursday.

Forsyth Barr Associate Analyst Ben Crozier explained how this could work.

LISTEN ABOVE

The chair of Kiwibank's holding company is floating the idea of a Kiwibank-TSB merger.
It comes as a group of Taranaki locals is seeking an interim injunction to stop a proposed merger of TSB and Heartland banks.
The interim injunction on the TSB-Heartland merger is due to be heard on Thursday.
Forsyth Barr Associate Analyst Ben Crozier explained how this could work.
LISTEN ABOVE

Ben Crozier: Forsyth Barr Associate Analyst on Kiwibank looking to merge with TSB

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/896c4623-5fca-41e2-a59a-b4aa007c6d59/transcript

Sam Dickie: Fisher Funds expert on Microsoft cutting over 4,000 jobs as a result of AI

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