Microsoft confirms thousands of job cuts

Earlier last week, rumors emerged about Microsoft laying off thousands of workers as it reorganizes and focuses even more on cloud computing. The Redmond giant has confirmed these speculations. CNBC has reported that Microsoft is preparing "thousands of layoffs," mostly in sales, and mostly abroad. In total, less than 10 percent of the workforce will be laid off, and out of those that will have to look for a new job, 75 percent are outside the US. "Microsoft is implementing changes to better serve our customers and partners," a Microsoft spokesperson told CNBC. "Today, we are taking steps to notify some employees that their… [Continue Reading]