We've all been reading the rumors. Dominic and Golob have been digging into them here on Slog. Now comes the announcement:
Microsoft stunned its investors on Thursday, announcing the first broad layoffs in its history and offering a pessimistic forecast for the second half of its fiscal year.No immediate word, as far as I can see, on how many of those layoffs will occur at the Redmond headquarters. But I think it's safe to assume it will be a large percentage.
Rather than issuing its second-quarter results in the customary fashion after the market closed, Microsoft rushed out the news Thursday morning that it will lay off up to 5,000 of its 94,000 employees over the next 18 months, including 1,400 people Thursday. The layoffs span across research, sales, finance and technology roles, the company said.
original post by Eli Sanders of the Stranger
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