Microsoft Slows Hiring in Weaker Economy

The video discusses Microsoft's decision to freeze hiring in several divisions, including Azure and security software, while honoring existing job offers. This move is part of a broader trend in the tech industry, with companies like Google, Amazon, and Apple also slowing down recruitment. Additionally, Ford plans to cut 8,000 jobs to boost profits and fund its electric vehicle initiatives.

What is Microsoft doing in response to economic challenges?

• Launching new products

• Expanding its workforce

• Reducing open roles and continuing a hiring freeze

• Increasing salaries for existing employees

Which tech company is decelerating its recruiting efforts?

• Apple

• Google's parent company Alphabet

• Amazon

• Microsoft

What action did Amazon take in April regarding its workforce?

• Opened new offices

• Declared it was overstaffed

• Announced layoffs

• Increased hiring

What is Ford's strategy to fund its electric vehicle market push?

• Hiring more engineers

• Cutting as many as 8000 jobs

• Increasing vehicle prices

• Expanding into new markets

By when does Ford aim to cut 3 billion in costs?

• 2025

• 2026

• 2027

• 2024