The diversion will be in place until September, the Ras Al Khaimah Police said
uae1 hour ago
Technology giant Microsoft is undertaking a major reorganisation that will likely see the company cutting about 3,000 jobs from its global workforce, a media report said today.
The layoffs under the restructuring at the technology giant led by India-born Satya Nadella will mostly affect sales, and as many as 3,000 jobs will be cut, CNBC reported.
The media report quoted a Microsoft spokesperson as saying that the company is implementing changes to better serve its customers and partners.
"Today, we are taking steps to notify some employees that their jobs are under consideration or that their positions will be eliminated. Like all companies, we evaluate our business on a regular basis. This can result in increased investment in some places and, from time-to-time, re- deployment in others," the spokesperson said.
CNBC added that the job cuts amount to less than 10 per cent of the company's total sales force, and about 75 per cent of them will be outside the US.
The report added that Microsoft was going to specifically focus on how it sells its cloud-services product, Azure.
Microsoft's cloud business has been booming over recent quarters and the company - Microsoft noted Azure sales growth of 93 percent last quarter. "While Amazon has become a bigger competitor in the space, Microsoft's restructuring is to pivot to software as a service, platform as a service and infrastructure," the report said.
Thousands to lose jobs as Microsoft restructures sales, marketing teams
Microsoft said its plan is to use employees who are more knowledgeable about specific verticals so they can sell bigger packages.
Microsoft has 71,000 employees in the US and 121,000 employees around the globe, suggesting that these cuts are relatively small compared to the size of its entire workforce, CNBC said.
The diversion will be in place until September, the Ras Al Khaimah Police said
uae1 hour ago
Abu Dhabi Golf Resort Manager Luke Sacco says the re-designed course will be comfortable for all levels of golfers when it opens for play in the 2025 – 2026 season
golf2 hours ago
Here's your ticket to a cool summer, according to a Skyscanner report
lifestyle2 hours ago
Small quantities of the chemical ingredient are used legally in some citrus-flavored drinks in the United States to keep the flavour evenly distributed
americas2 hours ago
The paper joins the Financial Times and the Sunday Times in endorsing the opposition
europe2 hours ago
Lt-Gen Jennie Carignan has commanded troops in Afghanistan, Bosnia-Herzegovina, Iraq and Syria during her 35 years in army
americas3 hours ago
Authorities in the country have outlined guidelines for parents and schools to take action if they encounter such cases
life and living3 hours ago