Thursday, July 17, 2014

The Economy – Microsoft

Microsoft announced massive layoffs today. 18,000 jobs are being cut at the software giant with many of the layoffs occurring at the recent acquisition Nokia. Still, the layoff amounts to about 17% of employees. Is this part of the “recovery” we are supposed to be experiencing? I think this is just the beginning of another round of layoffs and things could get ugly rather quickly.

What do you think?