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

  • 📰 svbizjournal
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 59%

United States News News

United States United States Latest News,United States United States Headlines

Here's how many people Microsoft is cutting in Silicon Valley as part of its mass layoff.

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 334. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: svbizjournal - 🏆 334. / 59 Read more »

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.
Source: svbizjournal - 🏆 334. / 59 Read more »

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.
Source: svbizjournal - 🏆 334. / 59 Read more »

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.
Source: svbizjournal - 🏆 334. / 59 Read more »