MICROSOFT TO CUT 3,000 JOBS TO BOOST CLOUD GROWTH





 In a move to focus on the growing cloud business, Microsoft on Thursday announced a major reorganisation that will lead to nearly 3,000 job cuts in sales staff outside the US, media reported.According to a CNBC report, the job cuts amount to less that 10 per cent of the company's total sales force.Whether it will impact Microsoft workers in India is still not clear."Microsoft is implementing changes to better serve our customers and partners. Today, we are taking steps to notify some employees that their jobs are under consideration or that their positions will be eliminated," a Microsoft spokesperson told CNBC."Like all companies, we evaluate our business on a regular basis. This can result in increased investment in some places and, from time-to-time, re-deployment in others," he added.According to The Verge, Microsoft's cloud and server businesses have been fuelling revenue recently, with server products and cloud services revenue up 15 per cent and Azure revenue itself growing by 93 per cent in the recent quarter.US-based analyst house Pacific Crest Securities said last month that Microsoft Azure Cloud platform could overtake Amazon Web Services (AWS) as revenue leader in the public cloud market this year.TechCrunch reported last week that Microsoft is planning to lay off "thousands" of workers worldwide.Last year in July, Microsoft announced it would cut 2,850 jobs.

Microsoft has 71,000 employees in the US and 121,000 employees around the globe.

Comments

Post a Comment

Popular posts from this blog

BOLLYWOOD ACTRESS GETS INJURED ON THE SHOOTING SPOT

B-Town actress Prachi Desai gets injured on the sets of Kosha. The Rock On 2 fame actress was shooting for her upcoming film Kosha in one of the sets in Mumbai, and the scene demanded the actress to jump over with supporting ropes from a two-storey building and she had to land on the ground and chase a car. The actress convinced the director that she would be doing the stunt by herself and while doing the stunt, the actress fell to the ground and suffered severe injuries. Prachi Desai was immediately rushed to the hospital where she was given first aid and reports say that the actress will be on bed rest for next two days post which she will be back again to the sets of Kosha to finish her last schedule of the film.
Read more

Google delays white Pixel 2 orders by a month

Image
Google has delayed the delivery of some of its newly-launched white Pixel 2 devices by up to a month as it is having a hard time keeping the smartphone in stock."Some people who ordered a white Pixel 2 and received an estimated ship date of late October are receiving emails saying their order has been delayed by up to a month," a report in The Verge said late Monday.To make up for the delay, Google is now offering these customers a free Live Case, which normally sell for $40.Based on Reddit reports, the issue is limited to the 64GB model of the white Pixel 2 thatA -- along with nearly every other model -- remained out of stock or on a multi-week delay from Google's online store.In India, Pixel 2 is priced at Rs 61,000 for the 64GB variant.The pre-orders commence from October 26. The devices will be available in over 1,000 stores across the country and on Flipkart, starting November 1.
Read more

INFOSYS NAMES TVS CAPITAL EXECUTIVE AS DIRECTOR

Image
Infosys Ltd appointed TVS Capital Funds Ltd Vice-Chairman D. Sundaram as an independent director on its board, the software major announced on Saturday."Sundaram is appointed as independent director with effect from July 14 on the recommendation of the company's nomination and remuneration committee of the board," said the IT giant in a statement here after a regulatory filing on the BSE. A fellow of the Institute of Cost and Management Accountants, the Chennai-based honcho was Vice-Chairman of Hindustan Unilever Ltd, the Indian arm of the Dutch-British transnational consumer goods firm Unilever Group, which he joined in 1975."Sundaram brings extensive experience in the field of finance and strategy execution. I am sure the board will benefit from his expertise," said Infosys Chairman R. Seshasayee in the statement.
Read more