Microsoft Azure reportedly asked to cut costs by 20% amid cloud business restructuring

According to sources familiar with the matter, Microsoft is considering implementing significant cost reductions in its Azure cloud server business. Girish Bablani, president of the software division under Azure, recently instructed his approximately 11,500 senior executives to develop plans for at least a 20% cost cut. It remains unclear whether these measures include layoffs; details of the plan are still being finalized and subject to change. The division responsible for cloud server software development is separate from the Azure data center team; Microsoft's entire cloud business employs approximately 60,000 people. (Sina Finance)