Microsoft Freezes Hiring in Key Cloud and Sales Units [Yahoo! Finance]
Microsoft Corporation (MSFT)
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Source: Yahoo! Finance
Microsoft ( MSFT Financials ) has stopped hiring in some portions of its Azure cloud operation and North American sales department, according to a report. The company is trying to keep costs down as it approaches the conclusion of its fiscal year.It looks like the divide is for teams that sell software to large U.S. businesses and organizations that provide Azure services to small and medium-sized businesses. According to the story, the goal is to assist boost margins before Microsoft's fiscal year closes on June 30.This is not a freeze for the entire company. Microsoft is still hiring in other fields, including engineering and AI. This suggests that the company is being choosy instead of cutting back on all hires.That makes the change look more like a decision about how to spend money than a greater warning sign. Microsoft has often slowed down recruiting or moved people around toward the end of its fiscal year. The number of staff at the firm has stayed rather consistent at about 2
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