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Microsoft president Brad Smith at the White House. Photo: Mandel Ngan/AFP via Gerry Images

As the pandemic erases millions of jobs and transforms millions more, Microsoft is aiming to provide free digital skills training to 25 million people around the globe this year.

Why it matters: Around half the U.S. population is currently out of work, and the unemployment numbers are similarly high in other countries.

  • Learning tech skills — from sophisticated arts like coding to tasks as seemingly simple as using online collaboration and conferencing software — will help huge numbers of people get back to work.

The big picture: "We’ve seen two years of digitization take place in two months," Microsoft president Brad Smith tells Axios. "And we’re seeing just this vastly accelerated need for new skills."

  • The debate over who will pay to train workers — an effort that is projected to cost around $34 billion in the U.S. alone — has been going on since long before the pandemic started. Microsoft's approach shows one way in which firms can help shoulder the burden.
  • Smith says he has talked to congressional leaders and the Trump administration about offering tax credits to businesses that spend money to train (or retrain) their employees. "This is the kind of thing that the tax code can be used to encourage," he says.

As part of this initiative, LinkedIn — a subsidiary of Microsoft — scoured its troves of data on job postings and hiring trends to pick out what it believes will be the top 10 most in-demand jobs post-pandemic, LinkedIn CEO Ryan Roslansky says.

  • These roles include software developers, graphic designers, sales and customer service reps, IT administrators, and data analysts.

But, but, but... While many unemployed Americans are retail employees whose stores aren't going to make it through the pandemic lockdowns, their skills are also key for sales reps and customer service reps, two of the in-demand jobs identified by LinkedIn. "In retail, there's some real cause for optimism," says Smith.

Of note: Smith told the Financial Times that "there is no need to be bashful" about the fact that Microsoft's free training will involve teaching millions how to use its own products, like the Microsoft Teams video platform or Azure cloud computing services.

  • That could give the tech giant a leg up against competitors like Slack or Zoom.

Go deeper: The future of work is already here

Go deeper

Ina Fried, author of Login
Oct 7, 2020 - Technology

Slack to let different companies’ users connect

Image: Slack

In the next major step in its quest to replace email, Slack plans to start allowing direct messages between people who work at different companies, regardless of whether the companies are themselves connected via Slack.

Why it matters: Slack CEO Stewart Butterfield told Axios this is the company's biggest product move since it started allowing companies to have shared channels with outside vendors, suppliers and partners.

Neera Tanden withdraws nomination for Office of Management and Budget director

Neera Tanden testifying before the Senate Budget Committee in Washington, D.C., in February 2021. Photo: Anna Moneymaker/The New York Times/Bloomberg via Getty Images

Neera Tanden withdrew her name from nomination to lead the Office of Management and Budget after several senators voiced opposition and concern about her qualifications and past combative tweets, President Biden announced Tuesday.

Why it matters: Tanden’s decision to pull her nomination marks Biden's first setback in filling out his Cabinet with a thin Democratic majority in the Senate.

What's ahead for the newest female CEOs

Jane Fraser (L) and Rosalind Brewer. Photos: Jason Redmond/AFP via Getty Images; Rodrigo Capote/Bloomberg via Getty Images.

The number of women at the helm of America’s biggest companies pales in comparison to men, but is newly growing — and their tasks are huge.

What's going on: Jane Fraser took over at Citigroup this week, the first woman to ever lead a major U.S. bank. Rosalind Brewer will take the reins at Walgreens in the coming weeks (March 15) — a company that's been run by white men for more than a century.