Microsoft Azure Seeks 20% Cost Reduction Amidst Growth
Despite a remarkable 40% year-over-year revenue surge, reaching $101.9 billion for the fiscal year ending June, Microsoft’s Azure cloud division is reportedly facing internal pressure to cut costs by 20%.
According to The Information, Azure’s president, Girish Bablani, has communicated this directive internally, though Microsoft has officially denied that specific cost-cutting strategies have been mandated.
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