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In October 2014, Microsoft revealed that it was nearly carried out with eliminating 18,000 staff, which was its largest-ever layoff sweep. In September 2014, Microsoft laid off 2,one hundred individuals, including 747 people in the Seattle–Redmond space, the place the corporate is headquartered. In November 2018, the company received a $480 million navy contract with the U.S. authorities to bring augmented actuality (AR) headset know-how into the weapon repertoires of American troopers. Consequently, in February 2011 Microsoft released a corporate bond amounting to $2.25 billion with relatively low borrowing charges compared to authorities bonds. Normal & Poor’s and Moody’s Traders Service have each given a AAA rating to Microsoft, whose assets have been valued at $41 billion as compared to only $8.5 billion in unsecured debt.
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