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

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

Huge stashes of illegal drugs have been found buried underground at a UK music festival site a few days before the event was due to begin.

More than 80,000 music fans will head to Creamfields Festival in Cheshire, from Thursday.

About 204 canisters of nitrous oxide and large bags containing ecstasy, MDMA and ketamine tablets were dug up by police during a pre-event search of the grounds.

UK correspondent Gavin Grey unpacked the ongoing investigation.

LISTEN ABOVE

Huge stashes of illegal drugs have been found buried underground at a UK music festival site a few days before the event was due to begin.
More than 80,000 music fans will head to Creamfields Festival in Cheshire, from Thursday.
About 204 canisters of nitrous oxide and large bags containing ecstasy, MDMA and ketamine tablets were dug up by police during a pre-event search of the grounds.
UK correspondent Gavin Grey unpacked the ongoing investigation.
LISTEN ABOVE

Gavin Grey: UK correspondent on the drugs dug up at site ahead of music festival

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c7c349b2-0126-4536-8a01-b4b2007d1730/transcript

On the Heather du Plessis-Allan Drive Full Show Podcast for Wednesday, 26 August, 2026, MBIE chief executive Nic Blakeley tells us he offered his resignation over his officials misleading Parliament.

We get a personal account of what Dolly Parton was like from a long-time promoter and friend.

Paul Henry on why the ACT Party wants to ditch the Climate Change Commission.

And on The Huddle, Jack Tame and Katie Bradford argue the case for keeping the commission.

Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.

LISTEN ABOVE

On the Heather du Plessis-Allan Drive Full Show Podcast for Wednesday, 26 August, 2026, <a href="https://www.newstalkzb.co.nz/on-air/heather-du-plessis-allan-drive/audio/nic-blakeley-mbie-chief-executive-on-the-public-service-commissioner-refusing-to-accept-his-resignation/">MBIE chief executive Nic Blakeley tells us he offered his resignation over his officials misleading Parliament.</a>
We get a personal account of <a href="https://www.newstalkzb.co.nz/on-air/heather-du-plessis-allan-drive/audio/steve-guest-christchurch-music-promoter-looks-back-on-dolly-partons-legacy-following-her-death/">what Dolly Parton was like from a long-time promoter and friend.</a>
Paul Henry on why the ACT Party <a href="https://www.newstalkzb.co.nz/on-air/heather-du-plessis-allan-drive/audio/paul-henry-act-party-candidate-on-the-partys-bid-to-scrap-the-climate-change-commission/">wants to ditch the Climate Change Commission.</a>
And on The Huddle, Jack Tame and Katie Bradford <a href="https://www.newstalkzb.co.nz/on-air/heather-du-plessis-allan-drive/audio/the-huddle-does-the-climate-change-commission-need-to-go/">argue the case for keeping the commission.</a>
Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.
LISTEN ABOVE

Full Show Podcast: 26 August 2026 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f3f34d0c-4cfe-4046-b13c-b4b20076abdd/transcript

The NZX reporting season is underway and results have improved, but some concerns have been raised.

The numbers are moving in the right direction, but there's growing frustration around the state of the Iran conflict and increasing fuel prices.

Milford Asset Management expert Jeremy Hutton explained further.

LISTEN ABOVE

The NZX reporting season is underway and results have improved, but some concerns have been raised.
The numbers are moving in the right direction, but there's growing frustration around the state of the Iran conflict and increasing fuel prices.
Milford Asset Management expert Jeremy Hutton explained further.
LISTEN ABOVE

Jeremy Hutton: Milford Asset Management expert on what the latest NZX results mean for the economy

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/08ee4ae6-f210-463c-908e-b4b2007afa47/transcript

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

In 1 playlist(s)

Heather du Plessis-Allan Drive

Social links

Follow podcast

Recent clips