Microsoft has decided to reduce its staff by 1,800 employees to optimize the work of the department, which produces smartphones. The corporation will pay about $200 million in severance. It is worth noting, that the company has already fired 3000 people over the last 3 years and closed several research centres. The optimization plan will be completed in summer 2017. The new policy will allow Microsoft to significantly reduce future costs.
The Microsoft shares have grown by 1.32% and continue to rise. Do not miss this good chance to earn money on the asset’s further increase. Remember, that trading will be available during the American session, from 14:40 to 21:00 GMT time.
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