S Pakhrin

Microsoft hosts private Sting concert in Davos hours before huge layoffs

On Wednesday morning Microsoft announced it was laying off 10,000 employees, about 5 percent of its total headcount, in response to lowered revenue and a “re-aligned core structure.” Hours earlier, dozens of Microsoft executives attended an exclusive, company-funded Sting concert outside of the World Economic Forum in Davos, Switzerland. The combination of the two events […]