Microsoft’s decision to cut 18,000 jobs from its workforce represents the largest round of layoffs in the company’s history, but it also understates the impact on the company and the job market.
In addition to those core cuts, the company is aiming to significantly reduce its reliance on contingent workers — the thousands of vendors and contractors who work on Microsoft projects and products but are employed through third-party placement firms and consulting companies.
In Microsoft lingo, these are “orange badges,” as opposed the blue badges worn by people employed directly by the company.
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