Microsoft slows some hiring as economic uncertainty grows

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 Titanium Media App May 27 news, The Wall Street Journal reported on May 27 that Microsoft said it would slow down some of its hiring, making it the latest tech giant to become more cautious in recruiting employees. Microsoft said it would slow hiring for its software business unit, which develops applications for Windows, Office and Teams. The division has been one of the company's fastest-growing divisions in recent years. The company made the move in response to growing economic uncertainty as the fiscal year that ended in June drew to a close, a company spokesman said.  A Microsoft spokesperson said that as Microsoft prepares for the new fiscal year and is ensuring that the right resources are used for the right opportunities, Microsoft will continue to increase its workforce in the coming year and will pay more attention to the areas where those resources are invested. Microsoft's executive vice president of software division told employees that new hires in the software division must first be approved by senior management.

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