It isn’t just the building, trades and manufacturing businesses – even Microsoft is hit by the state of the economy.
Today Microsoft announced 5,000 layoffs, starting with 1,400 effective immediately.
For those who might celebrate such an event, I wouldn’t suggest it. Microsoft uses vendors in the valley and they might employ one of your neighbors.
Likewise, the trend causing these layoffs (poor PC sales) is likely to impact several employers in the area, and probably already has.