Hold on to your hats, Folks; the party’s over.
From ZERO HEDGE:
And now, back to MSFT stock which surges on the news and lifts the market to recorder highs even as thousands more end up on the street, which has largely been the whole story of the “recovery” to date.
I noticed that most of these layoffs will not be happening in King county, but I wonder if Microsoft’s footprint in that area will, over time, drastically shrink.
On a side note, I moved From Seattle to a small town in central KY in 2011. Everyone who finds out I’m from Seattle things I work for Amazon because they have a very large distribution center here. I don’t.