These challenges, according to analysts, point to Microsoft's strategy of caution as we face the very real possibility of recession.
Microsoft declined to provide more current information about the hiring freezes, but earlier this month, employees told Business Insider the company is still hiring for its Azure cloud business, and that some group are "prioritizing consumer-facing and critical roles."as recently as Tuesday, but posting jobs doesn't necessarily mean the company intends to fill those roles immediately.
"No one wants to hire people that they might need to let go six to 12 months from now if the global economy takes a big turn for the worse," Lowe said. One of the reasons Azure could be having trouble meeting capacity, Lowe said, is that Microsoft has improved margins for the business by taking a "balanced approach" in building out its data center network using projected demands without excess capacity. The coronavirus crisis has likely significantly outpaced those projections.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Germany backs Apple and Google approach to contact tracing for fighting coronavirus - Business InsiderGermany, along with a growing number of other European countries, is, backing an approach to fighting coronavirus supported by Apple and Google.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Tesco hires pilots, racing drivers, actors to meet coronavirus demand - Business InsiderBritain's largest supermarket has hired 'very interesting' new employees — including pilots, race car drivers, and actors — to cope with surging demand for groceries
Source: BusinessInsider - 🏆 729. / 51 Read more »
As ailing companies pile up, RBC snaps up key hires in distressed-credit trading - Business InsiderAsset managers are amassing enormous distressed-debt funds, and Wall Street banks like RBC could reap the benefits as that money is deployed.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Goldman Sachs CIO Marco Argenti on new tech hiring, product management - Business InsiderGoldman Sachs' top tech exec explains how a recent slew of senior hires are transforming the bank's approach to building products and pitching them to customers
Source: BusinessInsider - 🏆 729. / 51 Read more »
Cybersecurity skills to help maintain job, give you a leg up in hiring - Business InsiderThese cybersecurity skills could make you indispensable at your job or give you a leg up during hiring, according to experts
Source: BusinessInsider - 🏆 729. / 51 Read more »
Amazon hires Dentsu OTT exec to head up measurement and research - Business InsiderMaggie Zhang, formerly an advertising exec at Dentsu Aegis Network, was tapped to lead OTT measurement and research. I NEED A HELP, DEAR FRIENDSHIP, TO BE ABLE TO MAKE SOME SALES ON A PLATFORM OF DIGITAL AFFILIATES ... CAN YOU LISTEN TO ME, AND ALSO ASSIST ME ON THIS EXACT QUESTION? DISCLOSING 'LINKS' OF THE PRODUCTS I AM REPRESENTING ... IF YES, IT WILL BE HELPING ME VERY... PLEASE... Amazon is China Why are y'all so stingy with your articles ? 😒😒
Source: BusinessInsider - 🏆 729. / 51 Read more »