Microsoft hiring cuts could spell bad news for Windows and Office fans
Even Microsoft can’t avoid hiring cuts
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As inflation soars and thecost of living crisisbites, startups and enterprises alike are having to tighten their belts, cut back on costs and dig in. You might think that global technology behemoths would be exempt from these external forces, but not so.
In anemailtoMicrosoftemployees, executive VP Rajesh Jha and his leadership team delivered a memo,reportedbyBloomberg, outlining hiring cuts at several core teams.
According to Jha, the hiring slowdown applies to teams working on Windows, Office, and Teams, despite the strong performance of the company’sproductivityandcollaboration softwaresince the transition to remote andhybrid working.
The company stressed that the hiring limits apply only to those teams, not the whole company, and Microsoft will continue to hire new people. A spokesperson toldBloombergthat Microsoft is eager to make sure it is hiring the right people.
“As Microsoft gets ready for the new fiscal year, it is making sure the right resources are aligned to the right opportunity,” Microsoft added in a statement.
“Microsoft will continue to grow headcount in the year ahead and it will add additional focus to where those resources go.”
The new normal
Russia’s invasion of Ukraine has kicked off something of a crisis within the global economy, coming off two years of the pandemic new normal.
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Technology companies and startups were initially the big winners from the pandemic, providing tools to keep everyone safe, fed and connected, but growth must eventually come to an end.
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Companies as big as Meta, Snap, andSalesforcehave announced measures to counteract the economic downturn, which has affected ad budgets at other companies and the willingness to spend on services.
Startups are increasingly resorting to layoffs, especially those that hired quickly to accelerate growth during the boom times.
For its part, Microsoft recentlyannouncedthat it will double its budget for salary increases and stock grants in order to retain key employees. However, the latest move will raise questions over its eagerness to continue investing so heavily in properties like Teams and Office.
Max Slater-Robins has been writing about technology for nearly a decade at various outlets, covering the rise of the technology giants, trends in enterprise and SaaS companies, and much more besides. Originally from Suffolk, he currently lives in London and likes a good night out and walks in the countryside.
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