BREAKING: Microsoft cutting 18,000 jobs, 14% of company, in its largest layoffs...
BREAKING: Microsoft cutting 18,000 jobs, 14% of company, in its largest layoffs ever. It’s the largest job reduction in the company’s history — a major move by new Microsoft CEO Satya Nadella intended, in part, to streamline the way Microsoft develops products and runs its engineering teams. Microsoft is starting with 13,000 cuts today, and more will be made over the next year to bring the total to 18,000. About 1,351 positions will be cut in the Seattle region as part of that first wave, representing about 3 percent of the company’s workforce in the region. ...