Microsoft to lay off hundreds at Azure cloud unit, Business Insider reports

The cuts at the Azure cloud unit come after Microsoft shed 1,900 jobs at Activision Blizzard and Xbox in January.BENGALURU — Microsoft is cutting hundreds of jobs at its Azure cloud unit, Business Insider reported on June 3, adding to a flurry of layoffs seen in the technology and media industries in 2024.

"Organisational and workforce adjustments are a necessary and regular part of managing our business. We will continue to prioritise and invest in strategic growth areas for our future and in support of our customers and partners," a Microsoft spokesperson told Reuters. Microsoft's Azure cloud is witnessing sharp growth due to the company's heavy investment in AI and its access to the coveted technologies of ChatGPT maker OpenAI through their strategic partnership.

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Microsoft to pay off cloud industry group to end EU antitrust complaint, Politico reports:Microsoft is close to reaching a multimillion-euro deal with an Amazon-backed cloud lobby to get it to drop an antitrust complaint with the European Commission, Politico reported on Saturday.
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