microsoft layoffs : up to 5,000
We’d heard rumors inflating the job cuts at Microsoft as high as 17%. As Stan mentioned last night [mb], the official announcement arrived today. Microsoft will cut up to 5,000 jobs (or about five percent of their workforce) over the next eighteen months, beginning with 1,400 today:
The company said that jobs would be eliminated in research and development, marketing, sales, finance, legal, human resources, and IT. A spokeswoman said the company would provide “generous severance and outplacement services.” [microsoftblog/p-i]
Not clear about what proportion of these jobs are in the Seattle area, but it seems safe to assume that the bad news will hit many around here.
(via fimoculous)
No layoffs in COSD, confirmed.