Microsoft plans to close Silicon Valley research lab, lays off 2,100 employees
Microsoft Corporation is all set to close its Silicon Valley research and development operation. As part of the closure the company will also be laying off 2,100 employees, as they follow the move of their CEO of cutting 18,000 staff or 14% of the total workforce. The news of the closure of the lab came into light by the employees of the company. The employees came to Twitter and started tweeting about the whole scenario.
Moreover, the company later on confirmed the move and commented that it would involve the loss of 50 jobs. As reported by AFP, the company spokesperson also said that, Microsoft research comprises of 1,000 scientists and engineers worldwide working on new product ideas, will consolidate its US work at Microsoft’s main campus in Redmond, Washington, and in offices in New York and Boston.
The company will still have 2,500 employees after the job cut at its Mountain View Campus. The company is on a spree of cutting jobs and it will be cutting 160 jobs in California, and another 747 in the Seattle area and the total layoffs will account to 2,100 from all around the world.
This is the second time that the company is laying off the employees. Earlier in July this year the company laid off 13,000 employees as part of the plan of their new CEO. And going by the plan the company will be introducing another job cut in the coming months. The job cuts are spread to all the countries and teams.