Microsoft’s consulting division pauses hiring, seeks to cut costs, reports CNBC By Investing.com
Investing.com — Microsoft’s (NASDAQ: ) U.S. consulting division plans to freeze hiring, CNBC reported Tuesday, citing an internal memo, as the tech giant looks to control costs.
The move follows last week’s announcement of layoffs affecting less than 1% of the company’s workforce.
The consulting division’s changes align with the policies of the Microsoft Customer and Partner Solutions organization, the report said, adding that the organization, which boasts about 60,000 employees, has implemented these changes by the end of fiscal year 2025, which ends in June. .
The memo also directs employees to avoid travel expenses for internal meetings, encouraging the use of remote sessions instead. What’s more, trips to customer locations now require executive authorization to ensure spending is targeted to the right customers, the report said.
The company’s cost-cutting measures also refer to the consumption of marketing and non-billable external resources. According to the report, the group plans to reduce these expenses by 35%.
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