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Companies are seen not just converting inventory into cash, but cutting head count and looking to boost efficiency, even if it means some up front spending.
Hood said that Microsoft’s head count at the end of December was 19 percent higher year over year, with 6 points from the acquisition of voice-to-text company and advertising technology company Xandr.
Source: https://www.crn.com/news/cloud/microsoft-earnings-call-new-business-slowdown-big-ai-bets
Is there -- are you guys disclosing where overall head count is?
The caste-based head count process has been a major issue in Bihar, as Kumar’s JD(U) and all constituents of the ruling ‘Mahagathbandhan’ were demanding that the exercise be undertaken at the earliest.
The Lincolnshire-based company has said in a regulatory filing it will reduce its global employee head count by 7% via buyouts, or what it called a "voluntary retirement plan."
Source: https://www.dailyherald.com/business/20230829/zebra-technologies-to-shed-700-jobs
This change was primarily driven by increases in compensation expenses due to increased head count.
“We continue to ramp up our investments in AWS, adding product builders and sales and professional services head count to help customers save money, invest more quickly in their businesses and transition to the cloud,” Olsavsky said in November.
Source: https://www.crn.com/news/cloud/amazon-ceo-andy-jassy-touts-aws-innovation
While the company made this summer to employees in roles related to sales, channel and business development, according to LinkedIn posts by affected employees, Fortinet’s overall head count has been climbing.
Source: https://www.crn.com/news/security/palo-alto-networks-stock-price-regains-ground-fortinet-drops-again