Image Credit Stephen Brashear Getty Images Microsoft
07 July, 2017, 00:57
The tech company is slashing thousands of jobs, mostly in sales positions, according to a source familiar with the matter. "This can result in increased investment in some places and, from time-to-time, re-deployment in others", a Microsoft spokesperson told CNBC. Intel began a similar transition previous year, eliminating 15,000 jobs to reduce the company's dependency on the fading PC market.
Around 3,000 jobs will be cut and the sales force restructured to focus on selling its cloud-based business product, MicrosoftAzure.
"Microsoft is implementing changes to better serve our customers and partners", Microsoft said in a statement to USA TODAY.
Microsoft plans to shed thousands of jobs in a major reboot to focus on its fast-growing cloud-computing business.
"From large multinationals to small and medium businesses to non-profits all over the world, organizations are using Microsoft'scloud platforms to power their digital transformation", Nadella said when the company reported its earnings for the first three months of this year.
There will also be a few cuts at the firm's headquarters in Redmond, Washington, the Seattle Times reported.
Microsoft has 121,000 employees on its payroll with 71,000 of them living in the US.
The reorganization was announced internally on Monday.
In fact, some of that report's highlights show just how profitable the cloud service businesses have become, with Azure almost doubling its revenue growth from the previous quarter. "This is classic 'rotation, ' where Microsoft is replacing people with skills on traditional enterprise offerings with those more skilled in the cloud, AI and vertical apps".
Microsoft's fiscal year ended on 30 June, so the timing of the cutbacks could be tied to the company's move into a new fiscal year, which started on 1 July.
Whether it will impact Microsoft workers in India is still not clear.
The natural disaster was the sixth biggest on record in Montana , with the biggest being a magnitude-7.2 quake in August 1959. For residents in Spokane, which is the second most-populated city in Washington State , it will be particularly shocking.
Yellen said last month that asset valuations look "somewhat rich" using traditional metrics like price-earnings ratios. The slow start to the year has led some economists to caution against additional interest rate hikes this year.
One of his arrests was for a 2001 attack where he and four others punched, kicked and used brass knuckles in the beating of a cop. Cuomo and de Blasio extended their condolences to the Familia family and praised the fallen officer for her service to the city.
She next plays what looks like a very winnable match against the 21-year-old Greek woman, Maria Sakkari , ranked 101 in the world. Johanna Konta edged a marathon three-set battle with Donna Vekic to reach the third round for the first time at Wimbledon .
All reports say that the police are investigating this incident as an operator error rather than terrorism. Representatives from the Boston Fire Department and Logan Airport did not respond to request for comment.
Michelle Lesco came in second place this year with 32 hot dogs and buns, and Thomas came in third with 31 hot dogs and buns. The latest edition of the contest will arrive on Tuesday from Coney Island in the Brooklyn, New York , area.
The rule also provides automatic relief for students who are unable to finish their degrees because their school closes. A spokeswoman for DeVos did not immediately respond to a request for comment Thursday.
More than 1.3 million pounds ($1.68 million) has been raised to help 11-month-old Charlie Gard travel to America for treatment. Miracles happen, close to everyone, because God's Grace for us is vast , the problem is.we don't notice them.
The report also states that the Bixby-powered smart speaker - codenamed " Vega " - has yet to finesse most of its feature set. It has come to the news that Bixby is stumbling with grammatical issues and nuances of the English language.
New Photo May Prove Amelia Earhart Survived Plane Crash
However, documents from that time were destroyed in World War II , and no officials who lived then are alive now. Earhart and Noonan departed to circumnavigate the globe on July 2, 1937, in what would be a 29,000-mile flight.
Merkel to meet Trump on evening before G20
President Donald Trump to do the right thing in world affairs, according to a Pew Research Center survey released on Wednesday. Trump later announced he was pulling the U.S. out of a landmark agreement to combat climate change reached in 2015 in Paris.
Kings agree to deals with G Hill, F Randolph
He also dished out 4.2 assists per game and shot 47.7 percent from the floor and 40.3 percent from 3-point range. His veteran presence should help an otherwise young Kings squad improve leaps and bounds in 2017-18.
Drone Operator Near Wildfire Facing 14 Felony Counts
Firefighters have made great progress on containing the Goodwin Fire near Prescott over the last few days. Yesterday afternoon, an off-duty YCSO deputy spotted Carpenter's van on Willow Creek Road in Prescott.
Driver error ends with auto in country club pool
The 73-year-old woman had had driven her Lincoln MKX up the embankment, over the fence and landed in the pool. The accident happened at the Cheyenne Mountain Resort country club in Colorado Springs on Monday morning.
Kerber, Raonic make it through in straight sets at Wimbledon
Juan Martin del Potro overcame a battling Thanasi Kokkinakis to seal a 6-3 3-6 7-6 (7-2) 6-4 victory and reach the second round. Last year's runners-up were up first on the main showcourts at Wimbledon on Tuesday, and both came through in straight sets.
Michael Keane to double his wages at Everton
Everton signed Sandro Ramirez on Monday and expect to follow that up with a deal for Burnley defender Michael Keane . Everton finished 17-10-11 last season in Ronald Koeman's first season as manager.