NYT: Microsoft also continues to cut costs. On Wednesday, the company quietly laid off around about 1,000 employees, which amounts to less than 1 percent of its global work force, according to two people briefed on the layoffs who spoke on the condition of anonymity because the company did not plan to release the figure. The layoffs were in addition to earlier, deeper cutbacks in the company’s phone division.
“The job reductions were spread across more than one business area and country and reflect adaptations to business needs,” a company spokesman said in a statement.