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In Could 2025, Microsoft introduced that it’s shedding greater than 6,000 employees, round three % of the corporate’s complete workforce. The layoffs primarily affected Activision Blizzard staff, however some Xbox and ZeniMax workers were additionally affected. In October 2014, Microsoft revealed that it was nearly carried out with eliminating 18,000 staff, which was its largest-ever layoff sweep. In November 2018, the company won a $480 million navy contract with the united states government to deliver augmented reality (AR) headset know-how into the weapon repertoires of American soldiers. Consequently, in February 2011 Microsoft released a corporate bond amounting to $2.25 billion with relatively low borrowing charges in comparison with government bonds.
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