Microsoft to cut 10,000 jobs, ramping up tech layoffs

Shares of the Redmond, Washington-based company fell 2 percent on Wednesday. The announcement coincides with the start of layoffs at its retail and cloud computing rival Amazon.com Inc ( AMZN.O ), which on Wednesday began notifying employees of its own 18,000 job cuts. . In an internal memo seen by Reuters, Amazon said affected workers … Read more