Microsoft to cut jobs and covers obedecerle Dragoons
This week cut 1000 people worldwide.
Reduced staff portal MSN.com due to the fact that earned algorithm-based AI, and reduced the number of employees of the cloud service Microsoft Azure.
In late June, Microsoft said it will close its retail stores and will cover the loss of $ 450 million.
Press Secretary of the company said that Microsoft is typical to overestimate your business, before joining in the new fiscal year.
In 2017, the company has cut thousands of jobs at the same time. Then the reorganization has affected sales and marketing.
In late April, Microsoft results for the third quarter exceeded expectations for sales and profits. The pandemic has increased the demand for apps and online conferences, as well as for gaming services
Xbox.
Revenue rose 15% to of 35.02 billion dollars in the third quarter, net profit rose to 10.75 billion dollars.
cost reduction
Microsoft