Microsoft is closing the Skype office in London and could cut 220 jobs (MSFT)
|09/19/2016||Posted by BusinessMediaguide.Com under General World News||
Microsoft will close the Skype development office in London and make most of the employees in the office redundant, according to The Financial Times.
Skype was founded in London in 2003 and sold to Microsoft in 2011 for $8.5 billion (£6.5 billion). Since then, Microsoft has kept a Skype office in the UK and has employed nearly 400 people there.
ZDNet reports that Microsoft will cut around 220 jobs in London as part of the office closure. Microsoft confirmed this figure to Business Insider, but said that those jobs were “potentially put at risk.”