Oops, there goes the economy, Microsoft will layoff 18000.

[CK_John]

It's the economy stupid!

[Agschmid]

1. Wow.

Link? Thanks.

[CK_John]

2. Link

http://www.huffingtonpost.com/2014/07/17/microsoft-lay-offs_n_5594720.html

[grasswire]

3. what will this do to seatthe? nt

[leftstreet]

5. Free up parking for the upper classes n/t

[CK_John]

6. The tech bubble has burst, who knows?

[freeplessinseattle]

10. guess we'll find out. n/t

[intaglio]

4. As long as they lay off all those "Windows Technical Department" operatives

who, calling from India, claim their name is Robert (or Ian of Michael or Sylvia ...) I'll be happy
Obvious is obvious

[sufrommich]

7. Most of those job cuts are outside of the U.S.

Finland seems to be getting the hardest hit.

[MohRokTah]

8. Global layoffs, not exclusive to the US.

1) XBox One sales were nowhere near what they projected.

2) Windows 8 was a debacle, though it is showing some life more recently.

3) Adoption of cloud based technologies presented by Microsoft are not growing as fast as expected.

4) Redundancies in the Nokia buyout is driving the biggest portion of this.

Anybody paying attention knew this was coming.

[DefenseLawyer]

9. Nokia is getting the axe

Because endless corporate mergers always benefit the economy.