
Microsoft to Lay Off 3% of Global Workforce
May 14, 2025: Microsoft has announced plans to reduce its global workforce by approximately 3%, affecting roughly 10,000 employees across multiple departments.
December 6, 2022: -On Thursday, the Supreme Court said it would hear arguments in a case to challenge the Biden government’s student loan debt relief plan. Still, it kept in place lesser than the appeals court’s nationwide injunction preventing that program from taking effect.
Oral arguments in the case were planned for February in the order released Thursday.
On the administration, November 18, asked Justice Brett Kavanagh to lift against the student loan relief organisation, which cancels hundreds of billions of federal debt.
The U.S. Circuit Court of Appeals in St. Louis is nursing that injunction on November 14 in response to a legal area by six Republican-led areas. Kavanagh is the Supreme Court justice responsible handles emergency applications from 8th Circuit cases.
In its order Thursday, the Supreme Court added that consideration of the application lifting the injunction “is deferred pending oral argument.”
Days before the 8th Circuit generated its injunction, Judge Mark Pittman in District Court ruled the debt relief idea was unconstitutional in reply to another lawsuit which challenged the program.
That ruling applying nationwide likewise remains in effect.
The Biden administration is asking the federal 5th Circuit Court appealing in New Orleans to hold the decision temporarily.
But on Wednesday, the 5th Circuit refused to grant that hold. The administration was anticipated to ask the Supreme Court is blocking Pittman’s ruling, which remains in effect.
President Joe Biden’s plan would postpone up to $20,000 in debt for millions who took out student loans.
By early November, before the issuing of the injunction, almost 26 million people were applying for the program. Regarding 16 million applications had been approved before the program was cancelled.
The previous week, the administration said it would extend a pause in needed payments on federal student loans until the following June or until court-issued blocks on the debt forgiveness idea are removed.
“We extend the payment pause due to it would be deeply unfair to ask borrowers which pays a debt that they wouldn’t pay, were it not for the weird lawsuits brought by Republican officials and unique interests,” Education Miguel Cardona said in a November 23 statement.′
Without that indecision, federal debt holders would have been scheduled to restart their payments in January.
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