Microsoft Retreats From Hiring Tech Talent

Share post:

Microsoft is pulling out of hiring tech talent for its Windows, Office and Teams chat, and conferencing software groups.

“As Microsoft gets ready for the new fiscal year, it is making sure the right resources are aligned to the right opportunity. Microsoft will continue to grow headcount in the year ahead and it will add additional focus to where those resources go,” Microsoft said in a statement.

Microsoft’s decision is a response to the crisis affecting the global economy, including rising prices, supply chain problems, and spillover effects from the war in Ukraine.

Microsoft is not the only company to deviate from its earlier hiring decision. Other companies with similar decisions include Lyft, Snap, Uber, Meta, Salesforce and Coinbase. On Wednesday, software and graphics card maker Nvidia announced plans to slow the integration of new workers.

Personnel problems at Microsoft and a handful of other companies do not necessarily reflect the broader tech job market as a whole. According to the U.S. Bureau of Labor Statistics (BLS), 11.5 million vacancies were available at the end of March. However, more than 4 million people quit their jobs in the last six months, indicating a massive skills shortage in the tech sector.

The sources for this piece include an article in ComputerWorld.

Featured Tech Jobs

SUBSCRIBE NOW

Related articles

Senator Colin Deacon and our digital future: HashTag Trending, the Weekend Edition, April 13, 2024

Welcome to Hashtag Trending The Weekend Edition. I’m your host, Jim Love. I can understand that many of you might get frustrated about politics. What we see for the most part is a lot of BS. Ask a politician a simple question. You get a lot of non answers, talking points, ways their political opponents

Pilot cybersecurity training program for women to recruit third cohort

The program is overseen by the Information and Community Technology Council (ICTC) and funded by Microsoft and the federal

X/Twitter cracks down on criticism and suspends Irish journalist

Journalist Séamas O’Reilly has expressed disbelief and amusement after his account on X (formerly Twitter) was suspended shortly...

FTC says Microsoft’s layoffs at Activision Blizzard may threaten merger approval

The FTC has expressed dissatisfaction with Microsoft's layoffs at Activision Blizzard, challenging the integrity of the Microsoft-Activision deal....

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways