REDMOND
˜
.com
REPORTER
NEWSLINE: 425.867.0353
ELECTION | A rundown of 45th and 48th legislative district candidates [3] CRIME ALERT | Redmond Police Blotter [5]
FRIDAY, JULY 18, 2014
A DIVISION OF SOUND PUBLISHING
COMMUNITY | Redmond Town Center sponsors artist in residence this summer [12]
Microsoft CEO says company will eliminate 18,000 jobs ANDY NYSTROM anystrom@redmond-reporter.com
Microsoft, Corp. chief executive officer Satya Nadella issued a memo to workers on Thursday morning, noting that the company will eliminate 18,000 jobs in the next year. “The first step to building the right organization for our ambitions is to realign our workforce,” he wrote. Microsoft’s work toward
synergies and strawho will be affected tegic alignment on will receive notificaNokia Devices and tion over the next six Services (acquired months. Microsoft by Microsoft on expects the reducApril 25) is expected tion plan to be fully to account for about completed by June 12,500 jobs, com30, 2015. Satya Nadella prising both profes“It’s important to sional and factory note that while we workers. are eliminating roles in some The company is in the areas, we are adding roles in beginning stage of reducing certain other strategic areas. the first 13,000 positions, My promise to you is that we and most of those employees will go through this process
in the most thoughtful and transparent way possible,” Nadella wrote. “We will offer severance to all employees impacted by these changes, as well as job transition help in many locations, and everyone can expect to be treated with the respect they deserve for their contributions to this company.” According to a press release, the company expects to incur pre-tax charges of $1.1 billion to $1.6 billion
over the next four quarters, including $750 million to $800 million for severance and related benefit costs, and $350 million to $800 million of asset-related charges. The CEO will hold an employee question-and-answer meeting today on Microsoft’s Redmond campus. Microsoft Executive Vice President Stephen Elop wrote in an employee memo that Microsoft operates in a competitive industry that
moves rapidly, and change is necessary. “As difficult as some of our changes are today, this direction deliberately aligns our work with the cross-company efforts that Satya has described in his recent emails,” Elop added. “Collectively, the clarity, focus and alignment across the company, and the opportunity to deliver the results of that work into the hands of people, will allow us [ more LAYOFFS page 8 ]
Residents can offer online input on city’s budgeting process
Last weekend’s Redmond Derby Days festival featured a criterium (above), parades (right), a carnival, live music, food, fireworks and more. Top photo: Courtesy of Bob Mullaney; parade photos courtesy of Lukie Crowley. MORE PHOTOS ONLINE… redmond-reporter.com
The City of Redmond is seeking community input on its budgeting process through a new online campaign. “Your City, Your Choice” launched at the end of May and will run through at least the first week of August. Mike Bailey, the city’s director of finance, said they wanted to leverage some of the technology the city enjoys to get more people involved. The website can be found at yourchoice.redmond. gov and features six informational videos about the city’s core budget priorities: safety, clean and green, vibrant economy, diverse and connected community, responsible government and infrastructure. These priorities were determined by citizens in 2008 during the city’s initial Budgeting by Priorities (BP) process. Through this process, city services are reconsidered through the
prism of what citizens value most. In addition to providing background on the priorities as well as the city’s BP process, Malisa Files, deputy director of finance for the city, said the “Your City, Your Choice” website is also interactive and gives participants the opportunity to tell city staff which priorities they value most. “This is really more a poll of what the community values,” she said about the online activity. Participants are given 12 tokens to “spend” on the six priorities however they see fit, though Files said they are limited to four tokens per priority. Since its launch, Files said close to 1,900 people have participated in the “Your City, Your Choice” campaign. This number includes 669 people who participated at this past weekend’s Derby Days. The city had set up a booth at the annual festival and people were able to [ more CITY page 8 ]
We listen. In person. ou talk. You talk.We Welisten. listen.In Inperson. person.
et Place
Deana Hale
Whole Foods| Market Place 17887 Redmond Way Suite 125 | Redmond, WA 98052 425-861-0870 | www.edwardjones.com
HaleHale | ana
Member SIPC
17887 Redmond Way, Suite 125, Redmond, WA 98052 Financial Advisor Financial Advisor |.|Whole Foods Market425-861-0870 Place 17887 Redmond Way Suite 125 | Redmond, WA 98052 | 425-861-0870 | www.edwardjones.com www.edwardjones.com
|
Financial Advisor |.|Whole Foods Market Place
17887 Redmond Way Suite 125 | Redmond, WA 98052 | 425-861-0870 | www.edwardjones.com
1081563
Cyclists, animals and more at Derby Days
SAMANTHA PAK spak@redmond-reporter.com
Member SIPC SIPC Member