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Microsoft inflates its stock price through a $60B buyback of shares in the shadow of 650 layoffs

Corporate America has once again proven itself to be the full mask-off villain it’s lampooned as: After a memo found that Microsoft was preparing to lay off another 650 employees from its gaming division last week, the company announced this week that it will be spending $60B of its own money to buyback some of […]

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Author: Chris Neal