10. -- Microsoft (MSFT) is expected on Thursday to announce layoffs that will substantially exceed the largest layoffs in the software maker's history, The New York Times reported, citing according to several people briefed on the decision. The largest layoffs previously at the company were in 2009, when 5,800 or so people were affected, the Times reported.

Bloomberg reported earlier in the week the news of the job cuts.

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-- Written by Joseph Woelfel