Layoffs at Microsoft Looms


Rumors are that Microsoft will be laying off up to 700 People This coming week after Reporting their Quarterly earning on January 26 th 2017.This is a drop in the bucket compared to the approximately 113,000 Employees it currently has.

This layoff is part of the previously announced plan to cut 2,850 roles announced in June in Microsoft’s annual report. At that time, Microsoft said that it planned to complete those cuts by June 2017, which is the end of Microsoft’s 2017 fiscal year.

Of Course, this is just a Rumor and should be Treated as such until January 26th 2017.We will keep you posted as developments come in

 

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