The Redmond-based company had announced in January that it would axe 5,000 jobs globally amid the ongoing slowdown.
'Today's engineering graduates have to learn the skills to solve problems which is actually a higher order skill.'
With its "mobile-first, cloud-first world" concept, Microsoft aims to reinvent productivity to empower every person and organisation on the planet, company's CEO Satya Nadella said on Monday.
These leaders also created wealth for their investors.
These leaders also created wealth for their investors.
Microsoft's India-born CEO Satya Nadella acknowledged that 'one big mistake' the company made in the past was to think the personal computer will reign supreme forever and failing to anticipate the technological transformation of the mobile phone.
The company ended a longer-than-expected search for a new leader after Steve Ballmer announced his intention to retire in August.
Microsoft India's chairman Bhaskar Pramanik tells Business Standard how India will be at the forefront of the company's 'mobile first, cloud first' strategy.
Former Uttar Pradesh chief minister late Kalyan Singh, often termed as a Hindutva icon, and actor Victor Banerjee were among the 65 distinguished personalities who were conferred with Padma awards by President Ram Nath Kovind on Monday.
Nokia agreed in September to sell its devices and services business and license its patents to Microsoft for 5.44 billion euros after failing to recover from a late start in smartphones.
They wanted to learn about the set-up and support entrepreneur there.
Here are a few issues that are most talked about Modi's California visit
Satya Nadella is the highest-paid CEO in the US. So how do the other Indian-American executives fare?
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Employee costs for Indian IT services players have touched an all-time high as salaries soar in their effort to retain talent. Engineer salaries are going through the roof. According to a news report, Infosys, which reported a 27.7 per cent attrition rate for the fourth quarter of FY22, plans to have an average salary hike of 12-13 per cent. High potential employees will get increases of 22-23 per cent.
The Microsoft chief's comments come in the wake of Bill Gates' call for levying taxes on robots that take away jobs from people.
In an interview with the local media, Infosys chief executive Kris Gopalakrishnan, who is currently in Seattle for Microsoft's CEO Summit this week, said that the company plans to add more than 100 new employees as part of a big US expansion in anticipation of growth resuming in 2010. Altogether, Infosys plans to hire about 1,000 people across the US over the next 12 to 18 months, he said. Already, 14,000 of the company's 1,04,000 employees are based in the US.
Take a look at the 10 biggest IT deals ever.
In the first major realignment of workforce since India-born Satya Nadella took over as CEO, Microsoft has announced slashing of up to 18,000 jobs worldwide by next year as the software giant attempts to sharpen focus on cloud and mobile offerings.
Anil Ambani-spearheaded Reliance Communications Ltd will on Thursday launch online video streaming on mobile phones, a service that would allow the company to mobile cast events to all its subscribers.
"We have 4,000 professionals in India today, we will increase it to 7,000 over the next three to four years," Bill Gates said at the CII-CEO Forum in New Delhi.
Microsoft Corp Chief Executive Steve Ballmer took his farewell bow before thousands of applauding employees on Thursday with a typically loud and emotional performance at his last companywide meeting, talking up the software giant's prospects and taking swipes at rivals.
Nadella has been ranked fifth among 50 global corporate heads by Fortune Magazine in its annual 'Businessperson of the Year' compilation, followed by CEO of Milwaukee-based maker of water heaters A O Smith Ajita Rajendra on the 34th spot, HDFC Bank's Managing Director Aditya Puri on the 36th position and Banga on 40th.
As Satya Nadella takes over as CEO of technology giant Microsoft, it is a thrilling moment for people of Indian origin in America.
If you are interested in working with OpenAI, feel free to email Sam Altman. In a free-wheeling fireside chat with university students on Thursday in Delhi, the CEO of OpenAI and his team seemed eager to welcome bright young IT practitioners of India into the OpenAI work space. Asked about the steep degree requirements for applying to tech giants such as Microsoft and Google, Altman said that his company was open to hiring undergraduates and even college drop-outs.
Industry analysts were broadly excited at the prospect, but sceptical that it could produce a working model at a mass-market price that soon.
With Satya Nadella becoming CEO at software giant Microsoft, 10 Indian-origin persons holding top posts at global corporations manage businesses worth about $350 billion.
Nokia said that due to an ongoing tax dispute with Indian authorities, it would operate the Chennai factory as a contract manufacturing unit for Microsoft.
The IPL franchises are now expanding their bouquet of teams across leagues in the West Indies, UAE, South Africa and now the US is another untapped market that wasn't explored despite the Asian diaspora craving for some cricket.
Twitter CEO Jack Dorsey and about 1,000 of his colleagues have donated over $1.5 million to a leading rights group that has pledged to fight President Donald Trump's temporary ban on refugees and immigrants from seven Muslim-majority countries.
Microsoft has had great success with Office 365, with over 1,200 customer win-backs over the last year and a half against Google apps.
Franchise is the future but Australia rule the here and now
Microsoft started discussing the deal in February, Satya Nadella said, adding that the acquisition is about the next phase of growth for the company.
8 CEOs on the list are female, and they far outpace the median pay for the Equilar 100 as a whole
Global software behemoth Microsoft on Wednesday said it aims to capture a respectable marketshare in the popular online search engine space currently dominated by Google and Yahoo.
'Sergey and I have been super excited about his progress and dedication to the company. And it is clear to us and our board that it is time for Sundar to be CEO of Google,' Lary Page said.
"There is no place for hate and racism in our society. Empathy and shared understanding are a start, but we must do more," Nadella said in a tweet on Monday. "I stand with the Black and African American community and we are committed to building on this work in our company and in our communities."
US firms are seeking Indian engineers to work on technologies similar to their global counterparts
Stephen Elop has been appointed as the chief executive officer of Nokia by its board of directors. Elop who currently heads Microsoft's business division will join Nokia team on September 21.
Microsoft chief Satya Nadella said the tech giant will fund hundreds of new generation entrepreneurs in India's 'smart cities' space and is overwhelmed by the start-up culture in the country, especially in e-commerce.
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