Software King of the World Microsoft has cut jobs in its Azure, security and other business segments.
In a statement, a Microsoft spokesvole said the company still expects to grow its overall headcount as it aligns resources.
“As Microsoft gets ready for the new fiscal year, it is making sure the right resources are aligned to the right opportunity. Microsoft will continue to grow headcount in the year ahead, and we will add additional focus to where those resources go”, the Volester said.
Despite the cuts, multiple Microsoft executives during the event highlighted opportunities for partners to sell customers on the tech giant’s cloud and security offerings, telling partners that the company will make a push this year for packages of cloud products focused on specific industries – such as health care and financial services.
Microsoft will honour job offers already made and still hire for critical jobs, according to Bloomberg. Microsoft revealed in May slower hiring in its Windows, Office and Teams divisions.
Microsoft also confirmed layoffs in July. Microsoft employed about 181,000 people at the end of June 2021, according to a regulatory filing. The cuts hit less than one percent of the company.
Other tech companies have laid off employees amid concerns over an upcoming recession in the U.S. and growing inflation. Boston-based Snyk cut about 30 employees from its workforce as part of its efforts to “navigate looming economic headwinds” and ensure long-term growth.
