Microsoft is firing people, rumours have now been confirmed
News outlets are estimating anywhere between 3,000-5,000 layoffs. According to one, three-quarters of these job cuts will take place outside the US.
Microsoft, till now, has not divulged any proper count.
Here's all about it.
Microsoft will focus more on its cloud business
Part of doing business
In an almost cryptic reply, the tech behemoth said it is bringing about changes to serve its customers and partners better. It has started notifying employees whose jobs are in peril and the entire exercise was part of its regular drill.
It said that the firm evaluates itself on a regular basis and takes such strategic decision from time to time.
The future is in the cloud
Reportedly, Microsoft's layoff spree stems from the giant's push to conquer the cloud business. Microsoft Azure sales have meteorically grown 93% in the last quarter.
According to CNBC, Microsoft currently employs 71,000 people in the US and 121,000 across the world.
Love Business news?
Stay updated with the latest happenings.
Meanwhile, Aadhaar to verify identity on Skype
All the users have to do is click on 'Verify Aadhaar Identity' and enter their 12-digit Aadhaar number which will get authenticated with an OTP. After okayed, users can use this Aadhaar info as a legitimate identity proof.
"Blind hiring" to tackle South Korea's preferential job market
India's Intellectual Property Exchange will be ready within 8-9 months