Microsoft halts hiring in US consulting unit as cost-cutting measure, CNBC reports


FILE PHOTO: Pedestrians walk past a Microsoft Experience Center, following a global IT outage, in New York City, U.S. July 19, 2024. REUTERS/Kent J. Edwards/File Photo

(Reuters) - Microsoft is planning to halt hiring in part of its consulting business in the U.S. in a bid to cut costs, CNBC reported on Tuesday, citing an internal memo.

The tech giant is looking to manage overall expenses as it looks to continue investments in its artificial intelligence (AI) efforts.

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