Microsoft Earnings Beat Expectations and Amazon Is in The Process of Hiring 100,000 Seasonal Workers. 🎄

by 28 Oct, 2020

Microsoft Earnings Beat Expectations and Amazon Is in The Process of Hiring 100,000 Seasonal Workers

Microsoft

Microsoft reported a strong quarter after the effects of the pandemic boosted video game sales and cloud demand. The technology company reported $37.2 billion in revenues for the past 3 months.

Their intelligent cloud segment grew by 20% in the past year, with revenue topping $13 billion. Azure´s revenue growth rate is sitting at a humongous 48%. Another area of growth comes from its video game division and with the upcoming release of the new Xbox Series X, there´s big things to come in the company’s horizon.

Amazon

Anyone having trouble getting back to work this winter season is in luck. Amazon has just announced that they plan on adding 100,000 jobs this holiday season.

The hiring blitz will include jobs of all-kinds. According to a press release from the company, the jobs provide “a path to a longer-term career or can simply provide extra income and flexibility during the holiday season”. If you want Mr. Bezos to be there instead of Santa Claus this Xmas, send Amazon a call!

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

 

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