Microsoft begins latest round of layoffs amid reorganization - News Summed Up

Microsoft begins latest round of layoffs amid reorganization


A majority of the cuts will be made to positions outside of the United States, the company said. Microsoft said that thousands of jobs would be eliminated, but it declined to confirm reports placing that figure at 3,000 positions. [Reports: Microsoft set to announce thousands of layoffs as it focuses on cloud software]There will also be a few cuts at the firm's headquarters in Redmond, Wash., the Seattle Times reported. Nadella, who came up through the firm's cloud division, has narrowed Microsoft's focus and doggedly trimmed the company's workforce. But Microsoft's strong growth has cheered investors, and analysts said that the firm is in a good spot to take advantage of expected growth in cloud services, and may even overtake Amazon.


Source: Washington Post July 06, 2017 17:44 UTC



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