Microsoft Shares Trade Higher In Wake Of Layoffs Announcement

See the original posting on TechCrunch

microsoft-earnings Early this morning Microsoft announced that it will reduce its headcount in the wake of its acquisition of Nokia’s hardware assets. The company was, at one point, up more than 3% in per-market trading following the news. The company opened above $45 — a fresh 14 year high — before retreating, and then regaining some ground. Investors, it seems, are content with the scale of… Read More