Msft - job cuts in cloud and cyber security

Not great for cloud and cyber security

https://www.bloomberg.com/news/articles/2022-07-20/microsoft…

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They have cut job openings, which is not the same as job cuts, which implies they are laying people off. Hiring in tech is starting to slow down. This almost had to happen, as the pace of hiring the last 12-months has been insane. I don’t think this will have any impact on the cloud and cyber names discussed here.

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