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Microsoft could layoff 11,000 employees: Reports

Just months after laying off nearly 1,000 staffers across its Xbox and Edge divisions, Microsoft is expected to carry out another round of layoffs in the coming weeks, impacting 5% of its workforce, according to a Sky News report.

About 11,000 employees out of Microsoft’s 220,000-strong workforce are expected to bear the brunt of the decision, the report claimed while citing a Wall Street analyst who predicted that the number could be higher.

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Source:: Computerworld