Entering text into the input field will update the search result below

Microsoft cuts 3,000 jobs to focus on Azure

Jul. 06, 2017 12:05 PM ETMicrosoft Corporation (MSFT) StockMSFTBy: Brandy Betz, SA News Editor34 Comments
  • Microsoft (NASDAQ:MSFT) will cut 3,000 jobs mostly from the sales force as the company restructures to focus more on the cloud, according to CNBC.
  • The cut jobs represent less than 10% of the total workforce and primarily hits employees outside the United States.  
  • Microsoft has increased attention on the Azure cloud platform, which achieved a 93% sales growth last quarter but still stands behind market leader Amazon Web Services.
  • Previously: Microsoft confirms reorg of sales force toward cloud (July 3)

Recommended For You

About MSFT Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
MSFT--
Microsoft Corporation