More On Why Microsoft Is Cutting Jobs
As Channel Futures’ sister site, Data Center Knowledge, wrote this week:
“This move by the cloud service provider giant aligns with signals of slowing demand for cloud services, as evidenced by a downgrade from UBS, competitors such as AWS reporting slowing growth, and heavy criticism around pricing of cloud services,” writes Lisa Sparks. “While the majority of pricing criticism is reserved for Azure’s primary competitor AWS, Azure has, at times, been looped in with these complaints.”
To be sure, cloud buyers are battling high inflation and interest rates, and looking to curtail spending wherever possible. That is impacting the cloud providers, and they are referring to those changes in various earnings calls.
Tags:
