Microsoft Lays Off 2,100, Axes Silicon Valley Research
walterbyrd writes with news of Microsoft layoffs. Microsoft Corp will close its Silicon Valley research-and-development operation as part of 2,100 layoffs announced on Thursday, as it moves toward its new CEO's goal of cutting 18,000 staff, or about 14 percent of its workforce. News of the closure of the Microsoft Research lab at the company's campus in Mountain View, California, was first made public on Twitter by employees. The company later confirmed the move and said it would involve the loss of 50 jobs.
The employees we could have paid with that 2.5 billion are a useless drag on our bottom line.
"We desperately need more H1B's to manage the staff reduction! We cannot afford to retrain our existing employees in staff reduction management technologies." -MS
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