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Microsoft Pri0

Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Matt Day.

Topic: layoffs

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December 1, 2014 at 6:50 AM

Microsoft shares benefiting from Redmond’s investor-friendly side

It’s not just warm feelings about Satya Nadella that have Microsoft shares trading near a 14-year high.

Excitement at the vision of Microsoft’s chief executive has played a role in the near doubling of Microsoft shares in the past two years, sure (for more on that, see my analysis of the rise from Sunday’s paper). But analysts say cost cuts and a healthy dose of financial engineering are also a major part of the story.

Microsoft spent $27.9 billion during its past two fiscal years to make its stock more attractive to investors. About 60 percent of that was paid in cash dividends, while the rest went to repurchase the company’s shares. By comparison, Microsoft spent $21.8 billion on research and development in that same period.

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July 17, 2014 at 5:35 AM

Microsoft laying off 18,000; at least 1,351 in Puget Sound area affected

This photo taken with a fisheye lens on July 3 shows Microsoft Corp. signage outside the Microsoft Visitor Center in Redmond. Microsoft announced Thursday it will lay off up to 18,000 workers over the next year.  (AP Photo / Ted S. Warren)

This photo taken with a fisheye lens on July 3 shows Microsoft Corp. signage outside the Microsoft Visitor Center in Redmond. Microsoft announced Thursday it will lay off up to 18,000 workers over the next year. (AP Photo / Ted S. Warren)

Microsoft announced the biggest layoff in its history Thursday as CEO Satya Nadella said the company will cut 18,000 jobs — about 14  percent of the company’s workforce — over the next year.

Of those cuts, at least 1,351 will come from the Puget Sound area. That’s about 3 percent of the approximately 43,000 employees Microsoft has in this area.

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