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In September 2014, Microsoft laid off 2,100 people, together with 747 people in the Seattle–Redmond space, the place the company is headquartered. Microsoft employed 127,104 people as of June 5, 2014, making this a few 14 p.c discount of its workforce as the biggest Microsoft layoff ever. In November 2018, the corporate gained a $480 million navy contract with the united states authorities to convey augmented actuality (AR) headset expertise into the weapon repertoires of American troopers. Consequently, in February 2011 Microsoft launched a corporate bond amounting to $2.25 billion with relatively low borrowing charges compared to authorities bonds. The firm is run by a board of administrators made up of mostly firm outsiders, as is customary for publicly traded companies.
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