Politics,Economics and The Struggle To Survive In America

The time is now, the revolution is upon us. Our childrens, children need our resolve in this fight. Take the blinders off and get out of the"Matrix". By JJP 

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Microsoft to lay off thousands in sales, marketing reshuffle

Posted by Jerrald J President on July 13, 2017 at 8:55 PM

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 The world's alleged richest man, is laying off THOUSANDS! Think about that America.. By JJP

Microsoft to lay off thousands in sales, marketing reshuffle


 

SAN FRANCISCO — Microsoft plans to shed thousands of jobs in a major reboot to focus on its fast-growing cloud-computing business.

 

"Microsoft is implementing changes to better serve our customers and partners," Microsoft said in a statement to USA TODAY. "Today, we are taking steps to notify some employees that their jobs are under consideration or that their positions will be eliminated. Like all companies, we evaluate our business on a regular basis. This can result in increased investment in some places and, from time-to-time, re-deployment in others."

 

The software giant did not specify how many jobs would be cut. When asked about cuts during a conference call, Microsoft President Brad Smith had no comment Thursday morning.

 

The restructuring largely affects the software giant's sales operations outside the U.S. under chief marketing officer Chris Capossela, executive vice presidents Judson Althoff and Jean-Philippe Courtois. All three executives on Monday notified employees of a reorganization, but did not mention layoffs.

 

Microsoft employs 121,567 people worldwide, and 71,594 in the U.S.

 

Microsoft shares fell 0.7%, to $68.57.

 

Disappointing sales of Microsoft's Surface computer line — they plunged 26%, dragging down PC sales 7% — undercut fiscal third quarter results, announced in April, while its Azure cloud revenue nearly doubled. A man walks past a Microsoft sign at the annual Microsoft

A man walks past a Microsoft sign at the annual Microsoft shareholders meeting in Bellevue, Wash., on Nov. 30, 2016. On July 7, 2017, Microsoft announced plans to shed thousands of jobs in a major reboot to focus on its fast-growing cloud-computing business. Elaine Thompson, AP

 Microsoft: the evolution of a tech giant

The Redmond, Wash. company's profits overall soared 28% to $4.8 billion. Sales rose 8% to $22 billion.

 

Microsoft gets dinged by hardware - this time, it's Surface

Strong cloud-based sales made up for the drop in PC revenue, making good on Althoff's pledge for Microsoft's Azure cloud-computing service to be the centerpiece of the company's sales strategy.

 

Microsoft's change in strategy had a ripple effect on its sales, prompting a move from on-site support to telephone support, says long-time Microsoft analyst Jack Gold.

 

"This is not the first realignment Microsoft is undertaking due to the shift to cloud, and it's unlikely to be the last one," Gold says.


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