Jobs boost at Microsoft as UK revenues hit £8bn
US tech giant Microsoft grew its revenues in Britain by a third to more than £8 billion last year thanks to growing demand for its cloud storage services in the UK.
The business, led globally by chief executive Satya Nadella and in the UK by Clare Barclay, grew its headcount by nearly 600 to 5,540 during the year. Its average cost per employee, including salaries, pensions and share-based payments, was £183,000 a year, up from £165,000.
The figures, for the year to June 2023, came before Microsoft committed to invest £2.5 billion over three years into the development of its artificial intelligence (AI) technology in the UK.
Microsoft’s relationship with the UK went through a rocky patch last year. The company’s president, Brad Smith,
Related
High street giants plot new warning to Treasury over retail…
Retail giants including Asda, Marks & Spencer, Primark and Tesco will mount a new year campaign to warn Rachel Reeves that plans to hike busin
Artistic Director – Job | ArtsHub UK – Arts Industry…
Australia’s pre-eminent international arts festival and a major cultural drawcard At the forefront of artistic innovation and creative excellence fo
Defence minister greenlights military sealift deal creating 150 UK jobs
Friday 20 December 2024 1:11 pm Share Facebook Share on Facebook
Global Strategic Sealift Contract secures military operations
UK Armed Forces will benefit from a new long-term strategic sealift contract supporting the transport of crucial defence equipment and supplies, as well as sus
