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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SC judges to make their assets public, amid row over cash at Justice Yashwant Varma’s house: Report
New Delhi: The Supreme Court judges have reportedly agreed to disclose their assets to the public by publishing the same on the top court's website.
The decision was taken recently at a full court meeting and a resolution in this regard was adopted which will apply to future judges as well, as reported by Bar and Bench on Thursday.
A copy of the resolution is yet to be made public.
According to the report, the decision was taken in the wake of recent controversies surrounding opacity in the functioning of the judiciary, especially after a huge pile of cash was allegedly discovered at the residence of Justice Yashwant Varma, currently a judge of the Allahabad High Court.
The publication of assets on website was not mandatory earlier but was discretionary subject to whether an individual judge wanted to do the same, the report added.
