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2/23, 12:52 PM (Source: TeleTrader)
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Microsoft to cut 120 jobs in Germany as part of layoff program

Microsoft Corp. will be laying off between 100 and 120 workers at its German division as part of a global workforce reduction program, according to a report published by the local weekly magazine Wirtschaftswoche on Thursday.

About 4% of Microsoft's 3,000 German employees will be affected by the decision, slightly lower compared to the average reductions worldwide of 5%.

Last month, the United States tech giant announced plans to reduce the number of its total employees by 10,000.

Baha Breaking News (BBN) / ND