Microsoft
Microsoft reportedly followed the closing of its fiscal year on June 30 with job cuts impacting less than 1% of its 180,000-person workforce. It then eliminated numerous job openings in its Azure cloud business and its security software unit.
However, Microsoft still plans to add workers in the year ahead.
The cuts impact a variety of groups including consulting, and customer and partner solutions, and were dispersed across geographies.
Microsoft blamed macroeconomic trends for lower-than-expected fourth-quarter earnings. Despite setting a record for total revenue, it missed analyst estimates.
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