Microsoft to pause hiring in U.S. consulting division amid cost-cutting measures
Washington: Microsoft is set to pause hiring in its U.S. consulting business as part of broader cost-reduction efforts, according to an internal memo reported by CNBC. The move aligns with the company's strategy to manage expenses while prioritizing investments in artificial intelligence (AI).
The tech giant plans to allocate approximately $80 billion in fiscal 2025 to expand data centers aimed at training AI models and deploying AI-driven and cloud-based applications. As part of the cost-cutting measures, the consulting division will temporarily suspend hiring new staff and back-filling roles, consulting executive Derek Danois reportedly informed employees.
The memo also urged employees to avoid travel expenses for internal meetings, favoring remote sessions instead. Additionally, the division plans to slash marketing and non-billable external resource expenditures by 35%, aligning with policies set by the Microsoft Customer and Partner Solutions organization, which employs around 60,000 people.
Microsoft has not responded to requests for comment on the matter.
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Gunmen attack building housing Israeli Consulate in Istanbul
Istanbul (AP): A gunfight erupted outside a building housing the Israeli Consulate in Istanbul on Tuesday, leaving two assailants dead and a police officer wounded, Turkiye's Haberturk broadcaster reported.
The report said attackers were carrying long-barreled weapons. An exchange of fire with police killed two, while a third assailant was captured. One officer sustained injuries during the clash.
The area surrounding the building was quickly sealed off.
