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Stockreport

Microsoft Freezes Hiring in Key Cloud and Sales Units [Yahoo! Finance]

Microsoft Corporation (MSFT)  More Company Research Source: Yahoo! Finance
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
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 [Read more]
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Stockreport

Microsoft Freezes Hiring in Key Cloud and Sales Units [Yahoo! Finance]

Microsoft Corporation  (MSFT) 
More Company Research Source: Yahoo! Finance
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
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 [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MSFT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS