The on-again/off-again rumors of massive layoffs at Microsoft appear to be off again. Well… sorta.
CNBC, citing Microsoft sources, said that cuts will be made through attrition and within the ranks of contract employees and not from full-time staff.
I’ve known a lot of folks who’ve worked at Microsoft over the years, and a helluva lot of them have worked as contract employees. So while Microsoft may not be planning to “lay off” 17-percent of its workforce, as had been recently speculated, a large cut in contract employees could still have a significant impact on our regional economy.