The Traderszone Network

Published in TZ Latest News 8 July, 2015 by The TZ Newswire Staff

Microsoft to announce new round of job cuts, NYT reports

Microsoft Corp. plans to lay off more workers to cut costs amid waning demand for some devices and services, the New York Times reported, citing people briefed on the plan. The cuts will be announced as early as Wednesday and are in addition to about 18,000 workers the software maker said it was dropping about a year ago, according to the newspaper, which didn’t identify the people briefed. The cuts will affect workers in the hardware group among other parts of the company, it said.