Microsoft to cut 46 Silicon Valley workers in layoff - Silicon Valley Business Journal

A company representative declined to comment beyond Nadella's blog post announcing the layoffs.

Among those the tech titan is cutting in Silicon Valley are 12 software engineers, seven applied science workers and five hardware engineers. The affected employees work at the following locations:2220 De La Cruz Blvd., Bldg 1, Santa ClaraThe software maker plans to give laid-off employees"above-average" severance, continue to provide them with health care coverage for six months and allow their stock awards to continue to vest for six months, Nadella said in his post.

Microsoft is only the latest Silicon Valley employer to cut jobs. Earlier this month, Santa Clara-based SoundHound AI Inc. reportedlyThe cuts represent about 1% of Microsoft's Silicon Valley workforce. The company has some 3,693 workers here, according to Business Journal research from last year.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Here's how Microsoft CEO Satya Nadella explained cutting 10,000 jobs - Silicon Valley Business JournalHere's the memo that Microsoft Corp. CEO Satya Nadella posted to explain why the software giant is cutting 10,000 jobs.
La source: svbizjournal - 🏆 334. / 59 Lire la suite »

Microsoft to cut 10,000 jobs by end of March - Silicon Valley Business JournalThe cuts will affect less than 5% of its workforce, hitting engineering teams in significantly larger numbers than in past layoffs.
La source: svbizjournal - 🏆 334. / 59 Lire la suite »

Here's what 49ers playoff tickets are going for right now - Silicon Valley Business JournalWhen the 49ers went on their Super Bowl run in 2020, tickets to the NFC Championship Game at Levi's Stadium peaked to their highest point ever in franchise history.
La source: svbizjournal - 🏆 334. / 59 Lire la suite »

Silicon Valley Central Chamber CEO Christian Malesic to exit role after two years - Silicon Valley Business JournalThe board of directors for the Silicon Valley Chamber of Commerce, which used to be called the Santa Clara Chamber of Commerce, has formed an internal search committee to find Malesic’s replacement.
La source: svbizjournal - 🏆 334. / 59 Lire la suite »