Microsoft considers 1,500 job layoffs in Azure cloud division despite surging revenues

The job cuts at the cloud division, which recently reported a 30pc surge in revenue, could number up to 1,500 according to Business Insider, which first reported the news.

The layoffs are set to impact teams including Azure for Operators and Mission Engineering, according to the report.

Ireland’s Microsoft base, which employs 3,500 people, includes operations working with Azure.

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A spokesperson for Microsoft Ireland has been contacted about the reported layoffs round.

“Organisational and workforce adjustments are a necessary and regular part of managing our business. We will continue to prioritise and invest in strategic growth areas for our future and in support of our customers and partners,” a Microsoft spokesperson told Reuters.

Microsoft is currently the most valuable company in the world, with a market capitalisation of $3.07 trillion (€2.83 trillion).

It is considered to have the most advanced AI strategy of the tech giants, with significant investments in the technology, including in OpenAI.