Report
Azure president reportedly asks leaders to find 20% cost cuts
The Information reports Azure is exploring reductions as executives discuss larger AI budgets and higher pay to retain talent.
TLDR
The Information reports Azure president Girish Bablani asked senior leaders to find 20% cost cuts. Microsoft executives are also discussing larger AI budgets for employees and paying more to retain talent amid competition from Anthropic and Meta. The Azure unit has about 11,500 employees.
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