“As Microsoft’s layoffs show, there is a surplus—not a shortage—of skilled, talented, and qualified Americans seeking [science, technology, engineering and mathematics] STEM employment,” he said. “Each year, universities graduate twice as many students with STEM degrees as find STEM jobs. According to the Census Bureau, more than 11 million Americans with STEM degrees are not employed in STEM jobs—or three in four STEM degree holders.”
Tech giant Microsoft announced Wednesday that it will be laying off approximately 7,800 employees worldwide, bringing a denunciation from a federal lawmaker who says the firings expose the company’s calls for more immigration.
The firings, which will eliminate about 7 percent of the company’s workforce, are concentrated in Microsoft’s troubled mobile phone business, and will eliminate most of the remaining employees from its purchase of Nokia’s phone operation in 2013. Only some of the layoffs are in the U.S., with Finland being hit especially hard with over 2,ooo jobs lost. The firings follow up on the 18,000 layoffs the company made last year, which were also concentrated in the phone business.
Now, Republican Sen. Jeff Sessions of Alabama is slamming Microsoft, saying the layoffs show it is being dishonest when it lobbies for increased immigration into the United States.
[…]
Complete text linked here.
