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Microsoft to cut up to 18,000 jobs over next year



Published: Thu, July 17, 2014 @ 9:46 a.m.

REDMOND, Wash. (AP) - Microsoft is cutting up to 18,000 jobs, about 14 percent of its staff, over the next year as it works to cut down on management layers and integrate the Nokia devices business it bought in April. The news sent Microsoft's stock up 3 percent in premarket trading.


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