Microsoft halts hiring in US consulting unit as cost-cutting measure

By
Follow google news

Tries to manage expenses amid AI investment increase.

Microsoft halts hiring in US consulting unit as cost-cutting measure
Microsoft is planning to halt hiring in part of its consulting business in the US in a bid to cut costs, CNBC reported citing an internal memo. The tech giant is looking to manage overall expenses as it looks to continue investments in its artificial intelligence (AI) efforts. Earlier this ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

UNSW faces a 95 percent cut to its M365 storage by October

UNSW faces a 95 percent cut to its M365 storage by October

Telstra shifts 25,000 users to Atlassian Cloud in four months

Telstra shifts 25,000 users to Atlassian Cloud in four months

CBA to take AI orchestration agent beyond its retail bank

CBA to take AI orchestration agent beyond its retail bank

NAB is modernising data pipelines for its Ada platform

NAB is modernising data pipelines for its Ada platform

Log In

  |  Forgot your password?