Microsoft plans to slash thousands of jobs: reports

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Microsoft plans to slash thousands of jobs: reports
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The software giant could slash about 5% of its workforce, or about 11,000 roles, U.K broadcaster Sky News reported, citing sources.

Microsoft Corp. appears to be the latest tech giant to wield a big ax: The company is preparing to chop thousands of jobs in engineering and human resources, according to published reports Tuesday.

Meanwhile,... Microsoft Corp. appears to be the latest tech giant to wield a big ax: The company is preparing to chop thousands of jobs in engineering and human resources, according to published reports Tuesday. Meanwhile, Bloomberg News reported an unspecified number of layoffs will be announced in Microsoft’s engineering divisions on Wednesday, and they will be “significantly larger” than the 1% cut to Microsoft’s workforce last year.

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