A filing with Washington state's Employment Security Department said 276 workers in the Seattle area will lose their jobs.
GeekWire first reported that a new round of cuts was announced Monday, targeting employees in customer service, support and sales. The number of layoffs was not revealed, but a filing with Washington state’s Employment Security Department said 276 workers in the Seattle area will lose their jobs.
Microsoft... Microsoft Corp. will cut more jobs, in addition to the 10,000 layoffs announced earlier this year. GeekWire first reported that a new round of cuts was announced Monday, targeting employees in customer service, support and sales. The number of layoffs was not revealed, but a filing with Washington state’s Employment Security Department said 276 workers in the Seattle area will lose their jobs.In January, Microsoft Chief Executive Satya Nadella said about 10,000 jobs would be eliminated, less than 5% of its global workforce, as the tech giant looked to cut costs.
Microsoft shares have surged 38% year to date, compared to a 2.4% gain by the Dow Jones Industrial Average DJIA , which counts Microsoft as a component, and the S&P 500’s SPX 15% gain.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fear of risk can thwart traditional workers dreaming of self-employmentWorkplace advice: If you have to drag yourself to the office daily, it’s time to plan a new career future.
Read more »
Employment is 'fraying' and the Fed is about to make a mistake: economistJobs data is already 'fraying' and the Fed is about to make a mistake by hiking rates again, economist says
Read more »
Ahead of Prime Day, get Excel, Word, and more Microsoft for only $30Trick out your Home Office with Microsoft.
Read more »
Why I ditched Safari and Mail and switched to Microsoft Edge and Outlook on my MacSafari and Mail have always been part of my routine, but I discovered that using Microsoft Outlook and Edge for Mac is better.
Read more »
Washington state department slapped with $100 million fine for neglecting mental health services in jailsThe Washington DSHS was ordered by a federal judge to pay over $100 million in fines for not providing sufficient mental health services to people with mental disorders in Washington state jails.
Read more »
Yellen says Washington might ‘respond to unintended consequences’ for China due to tech export curbsTreasury Secretary Janet Yellen on Sunday said she agreed Washington will listen to Chinese complaints about security-related curbs on U.S. technology exports and might “respond to unintended consequences” as she ended a visit to Beijing aimed at reviving strained relations.
Read more »